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Jiangsu United Water Technology Co (SHSE:603291) 5-Year Yield-on-Cost % : 1.24 (As of Jun. 24, 2024)


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What is Jiangsu United Water Technology Co 5-Year Yield-on-Cost %?

Jiangsu United Water Technology Co's yield on cost for the quarter that ended in Mar. 2024 was 1.24.


The historical rank and industry rank for Jiangsu United Water Technology Co's 5-Year Yield-on-Cost % or its related term are showing as below:

SHSE:603291' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.34   Med: 0.46   Max: 1.25
Current: 1.24


During the past 6 years, Jiangsu United Water Technology Co's highest Yield on Cost was 1.25. The lowest was 0.34. And the median was 0.46.


SHSE:603291's 5-Year Yield-on-Cost % is ranked worse than
88.81% of 438 companies
in the Utilities - Regulated industry
Industry Median: 4.655 vs SHSE:603291: 1.24

Competitive Comparison of Jiangsu United Water Technology Co's 5-Year Yield-on-Cost %

For the Utilities - Regulated Water subindustry, Jiangsu United Water Technology Co's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Jiangsu United Water Technology Co's 5-Year Yield-on-Cost % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Jiangsu United Water Technology Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Jiangsu United Water Technology Co's 5-Year Yield-on-Cost % falls into.



Jiangsu United Water Technology Co 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Jiangsu United Water Technology Co is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Jiangsu United Water Technology Co  (SHSE:603291) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Jiangsu United Water Technology Co 5-Year Yield-on-Cost % Related Terms

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Jiangsu United Water Technology Co (SHSE:603291) Business Description

Traded in Other Exchanges
N/A
Address
No. 128, Xingfu North Road, Jiangsu Province, Suqian, CHN, 223800
Jiangsu United Water Technology Co Ltd owns and operates water supply and waste water treatment facilities and also provides engineering services related to water supply infrastructure and industrial waste water pretreatment facilities.

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