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Zhe Kuang Heavy Industry Co (SZSE:300837) 5-Year Yield-on-Cost % : 1.45 (As of Jun. 22, 2024)


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What is Zhe Kuang Heavy Industry Co 5-Year Yield-on-Cost %?

Zhe Kuang Heavy Industry Co's yield on cost for the quarter that ended in Mar. 2024 was 1.45.


The historical rank and industry rank for Zhe Kuang Heavy Industry Co's 5-Year Yield-on-Cost % or its related term are showing as below:

SZSE:300837' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.56   Med: 0.74   Max: 1.47
Current: 1.45


During the past 11 years, Zhe Kuang Heavy Industry Co's highest Yield on Cost was 1.47. The lowest was 0.56. And the median was 0.74.


SZSE:300837's 5-Year Yield-on-Cost % is ranked worse than
72.39% of 134 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 2.605 vs SZSE:300837: 1.45

Competitive Comparison of Zhe Kuang Heavy Industry Co's 5-Year Yield-on-Cost %

For the Farm & Heavy Construction Machinery subindustry, Zhe Kuang Heavy Industry 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.


Zhe Kuang Heavy Industry Co's 5-Year Yield-on-Cost % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Zhe Kuang Heavy Industry Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Zhe Kuang Heavy Industry Co's 5-Year Yield-on-Cost % falls into.



Zhe Kuang Heavy Industry 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 Zhe Kuang Heavy Industry Co is calculated as

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

Zhe Kuang Heavy Industry Co  (SZSE:300837) 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.


Zhe Kuang Heavy Industry Co 5-Year Yield-on-Cost % Related Terms

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Zhe Kuang Heavy Industry Co (SZSE:300837) Business Description

Traded in Other Exchanges
N/A
Address
Heping Town Industrial Park, Zhejiang Province, Changxing County, CHN, 313103
Zhe Kuang Heavy Industry Co Ltd is engaged in design, production and sales of mining machinery and equipment such as cone crusher and jaw crusher. It manufactures hydraulic system, transmission device, equipment complete machine and intelligent management system of complete equipment. The company's products include mobile crusher; crushing equipment, feeding & converying; and screening & washing.

Zhe Kuang Heavy Industry Co (SZSE:300837) Headlines

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