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Jiangsu Toland Alloy Co (SZSE:300855) 5-Year Yield-on-Cost % : 1.13 (As of Jun. 21, 2024)


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What is Jiangsu Toland Alloy Co 5-Year Yield-on-Cost %?

Jiangsu Toland Alloy Co's yield on cost for the quarter that ended in Mar. 2024 was 1.13.


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

SZSE:300855' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.27   Med: 0.41   Max: 1.15
Current: 1.13


During the past 10 years, Jiangsu Toland Alloy Co's highest Yield on Cost was 1.15. The lowest was 0.27. And the median was 0.41.


SZSE:300855's 5-Year Yield-on-Cost % is ranked worse than
78% of 350 companies
in the Steel industry
Industry Median: 3.355 vs SZSE:300855: 1.13

Competitive Comparison of Jiangsu Toland Alloy Co's 5-Year Yield-on-Cost %

For the Steel subindustry, Jiangsu Toland Alloy 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 Toland Alloy Co's 5-Year Yield-on-Cost % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Jiangsu Toland Alloy Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Jiangsu Toland Alloy 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 Toland Alloy Co is calculated as

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

Jiangsu Toland Alloy Co  (SZSE:300855) 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 Toland Alloy Co 5-Year Yield-on-Cost % Related Terms

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Jiangsu Toland Alloy Co (SZSE:300855) Business Description

Traded in Other Exchanges
N/A
Address
No.1 Junmin West Road, Yuncheng Canal, Lucheng Town, Jiangsu Province, Danyang, CHN, 212352
Jiangsu Toland Alloy Co Ltd is engaged in the production and sales of high-performance alloys, precision alloys, special stainless steel and other high-performance alloy materials and their products. The company manufactures, smelts, processes, and sells high-temperature alloys, precision alloys, nickel-chromium materials, high-resistance electrothermal alloys, high-speed tool steels, stainless steels, heat-resistant steels and their products.
Executives
Zhang Tao Supervisors
Wan Jie Directors, Directors, and Executives
Yuan Suo Jun Directors, executives

Jiangsu Toland Alloy Co (SZSE:300855) Headlines

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