GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Zhejiang Cayi Vacuum Container Co Ltd (SZSE:301004) » Definitions » 5-Year Yield-on-Cost %

Zhejiang Cayi Vacuum Container Co (SZSE:301004) 5-Year Yield-on-Cost % : 2.37 (As of Jun. 05, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Zhejiang Cayi Vacuum Container Co 5-Year Yield-on-Cost %?

Zhejiang Cayi Vacuum Container Co's yield on cost for the quarter that ended in Mar. 2024 was 2.37.


The historical rank and industry rank for Zhejiang Cayi Vacuum Container Co's 5-Year Yield-on-Cost % or its related term are showing as below:

SZSE:301004' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.8   Med: 1.43   Max: 2.81
Current: 2.37


During the past 7 years, Zhejiang Cayi Vacuum Container Co's highest Yield on Cost was 2.81. The lowest was 0.80. And the median was 1.43.


SZSE:301004's 5-Year Yield-on-Cost % is ranked worse than
58.23% of 249 companies
in the Packaging & Containers industry
Industry Median: 2.86 vs SZSE:301004: 2.37

Competitive Comparison of Zhejiang Cayi Vacuum Container Co's 5-Year Yield-on-Cost %

For the Packaging & Containers subindustry, Zhejiang Cayi Vacuum Container 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.


Zhejiang Cayi Vacuum Container Co's 5-Year Yield-on-Cost % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Zhejiang Cayi Vacuum Container Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Zhejiang Cayi Vacuum Container Co's 5-Year Yield-on-Cost % falls into.



Zhejiang Cayi Vacuum Container 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 Zhejiang Cayi Vacuum Container Co is calculated as

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

Zhejiang Cayi Vacuum Container Co  (SZSE:301004) 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.


Zhejiang Cayi Vacuum Container Co 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Zhejiang Cayi Vacuum Container Co's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Zhejiang Cayi Vacuum Container Co (SZSE:301004) Business Description

Traded in Other Exchanges
N/A
Address
Baiyang Industrial Zone, Economic Development Zone, Zhejiang Province, Wuyi County, Jinhua, CHN, 321200
Zhejiang Cayi Vacuum Container Co Ltd is engaged in the research and development, design, production and sales of various beverage and food containers of different materials.
Executives
Hu Ling Hui Directors, executives
Gu Dai Hua Directors, executives

Zhejiang Cayi Vacuum Container Co (SZSE:301004) Headlines

No Headlines