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Guizhou Qianyuan Power Co (SZSE:002039) 5-Year Yield-on-Cost % : 2.12 (As of May. 30, 2024)


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What is Guizhou Qianyuan Power Co 5-Year Yield-on-Cost %?

Guizhou Qianyuan Power Co's yield on cost for the quarter that ended in Mar. 2024 was 2.12.


The historical rank and industry rank for Guizhou Qianyuan Power Co's 5-Year Yield-on-Cost % or its related term are showing as below:

SZSE:002039' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.16   Med: 2.6   Max: 4.48
Current: 2.12


During the past 13 years, Guizhou Qianyuan Power Co's highest Yield on Cost was 4.48. The lowest was 1.16. And the median was 2.60.


SZSE:002039's 5-Year Yield-on-Cost % is ranked worse than
78.04% of 428 companies
in the Utilities - Regulated industry
Industry Median: 4.59 vs SZSE:002039: 2.12

Competitive Comparison of Guizhou Qianyuan Power Co's 5-Year Yield-on-Cost %

For the Utilities - Regulated Electric subindustry, Guizhou Qianyuan Power 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.


Guizhou Qianyuan Power Co's 5-Year Yield-on-Cost % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Guizhou Qianyuan Power Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Guizhou Qianyuan Power Co's 5-Year Yield-on-Cost % falls into.



Guizhou Qianyuan Power 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 Guizhou Qianyuan Power Co is calculated as

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

Guizhou Qianyuan Power Co  (SZSE:002039) 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.


Guizhou Qianyuan Power Co 5-Year Yield-on-Cost % Related Terms

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Guizhou Qianyuan Power Co (SZSE:002039) Business Description

Traded in Other Exchanges
N/A
Address
No. 46, Gaiqiao Road, Wuyuan Building, Fuzhong International Square, 22F, Guizhou Province, Guiyang, CHN, 550002
Guizhou Qianyuan Power Co Ltd is engaged in the development and operation of hydropower stations. It operates nine large and medium-sized hydropower stations with an installed capacity of 3230.5 MW. Geographically, it operates through Guizhou Province, China.
Executives
Li Zheng Qing Supervisors
Wang Qiang Independent director
Cai Deng Supervisors
Zhang Zhi Xiao Director

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