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Fujian Minfa Aluminium Co (SZSE:002578) 5-Year Yield-on-Cost % : 0.00 (As of May. 31, 2024)


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What is Fujian Minfa Aluminium Co 5-Year Yield-on-Cost %?

Fujian Minfa Aluminium Co's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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


During the past 13 years, Fujian Minfa Aluminium Co's highest Yield on Cost was 2.81. The lowest was 0.00. And the median was 0.76.


SZSE:002578's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.095
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Fujian Minfa Aluminium Co's 5-Year Yield-on-Cost %

For the Aluminum subindustry, Fujian Minfa Aluminium 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.


Fujian Minfa Aluminium Co's 5-Year Yield-on-Cost % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Fujian Minfa Aluminium Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Fujian Minfa Aluminium Co's 5-Year Yield-on-Cost % falls into.



Fujian Minfa Aluminium 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 Fujian Minfa Aluminium Co is calculated as

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

Fujian Minfa Aluminium Co  (SZSE:002578) 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.


Fujian Minfa Aluminium Co 5-Year Yield-on-Cost % Related Terms

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Fujian Minfa Aluminium Co (SZSE:002578) Business Description

Traded in Other Exchanges
N/A
Address
South China Comprehensive Development Zone, Fujian Province, Nanan, CHN, 362300
Fujian Minfa Aluminium Co Ltd is involved in processing and selling aluminum alloy extruded profiles for architecture and industry fields in the People's Republic of China. It offers sliding, casement, and insulated windows and doors; railings and shutters; and curtain walls. The company also provides industrial materials, including luggage, decorating, and stationery materials; opening, corner, and table top pipes; sliding pulleys, ladder materials, and fire hydrants; radiating fins; aluminum building formwork systems; aluminum panels; and color cards.
Executives
Huang Wen Le Executives
Huang Zhang Yuan Directors, executives
Huang Yin Dian Directors, executives
Zhou Jian Supervisors
Huang Song Lin Director
Huang Tian Huo Director

Fujian Minfa Aluminium Co (SZSE:002578) Headlines

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