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Qingdao Topscomm Communication (SHSE:603421) 5-Year Yield-on-Cost % : 0.41 (As of Apr. 30, 2024)


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What is Qingdao Topscomm Communication 5-Year Yield-on-Cost %?

Qingdao Topscomm Communication's yield on cost for the quarter that ended in Sep. 2023 was 0.41.


The historical rank and industry rank for Qingdao Topscomm Communication's 5-Year Yield-on-Cost % or its related term are showing as below:

SHSE:603421' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.23   Med: 0.41   Max: 0.68
Current: 0.41


During the past 12 years, Qingdao Topscomm Communication's highest Yield on Cost was 0.68. The lowest was 0.23. And the median was 0.41.


SHSE:603421's 5-Year Yield-on-Cost % is ranked worse than
91.74% of 1356 companies
in the Hardware industry
Industry Median: 2.795 vs SHSE:603421: 0.41

Competitive Comparison of Qingdao Topscomm Communication's 5-Year Yield-on-Cost %

For the Scientific & Technical Instruments subindustry, Qingdao Topscomm Communication'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.


Qingdao Topscomm Communication's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Qingdao Topscomm Communication's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Qingdao Topscomm Communication's 5-Year Yield-on-Cost % falls into.



Qingdao Topscomm Communication 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 Qingdao Topscomm Communication is calculated as

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

Qingdao Topscomm Communication  (SHSE:603421) 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.


Qingdao Topscomm Communication 5-Year Yield-on-Cost % Related Terms

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Qingdao Topscomm Communication (SHSE:603421) Business Description

Traded in Other Exchanges
N/A
Address
No. 288 Ningxia Road, 5th Floor, No. 6 Building, Qingdao Software Park, Shinan District, Qingdao City, CHN, 266024
Qingdao Topscomm Communication Inc designs, researches and develops, manufactures, and sells smart products for electric power and fire protection in China. It also engages in the research and development of power line carrier communication chips and fieldbus communication chips. Its products include smart energy meters, such as smart prepayment and advanced metering infrastructure (AMI), power line carrier communication system; chips; terminal collecting device such as concentrator and state grid concentrator; and intelligent indoor terminal. It also provides AMI, prepayment vending, water/gas/heat and electricity meter AMR/AMI, distribution automation and management, and low and medium voltage PLC communication solutions.

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