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Shandong Linuo Technical Glass Co (SZSE:301188) 5-Year Yield-on-Cost % : 0.66 (As of Jun. 23, 2024)


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What is Shandong Linuo Technical Glass Co 5-Year Yield-on-Cost %?

Shandong Linuo Technical Glass Co's yield on cost for the quarter that ended in Mar. 2024 was 0.66.


The historical rank and industry rank for Shandong Linuo Technical Glass Co's 5-Year Yield-on-Cost % or its related term are showing as below:

SZSE:301188' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.65   Med: 1.21   Max: 1.65
Current: 0.66


During the past 9 years, Shandong Linuo Technical Glass Co's highest Yield on Cost was 1.65. The lowest was 0.65. And the median was 1.21.


SZSE:301188's 5-Year Yield-on-Cost % is ranked worse than
86.51% of 252 companies
in the Packaging & Containers industry
Industry Median: 2.845 vs SZSE:301188: 0.66

Competitive Comparison of Shandong Linuo Technical Glass Co's 5-Year Yield-on-Cost %

For the Packaging & Containers subindustry, Shandong Linuo Technical Glass 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.


Shandong Linuo Technical Glass Co's 5-Year Yield-on-Cost % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Shandong Linuo Technical Glass Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Shandong Linuo Technical Glass Co's 5-Year Yield-on-Cost % falls into.



Shandong Linuo Technical Glass 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 Shandong Linuo Technical Glass Co is calculated as

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

Shandong Linuo Technical Glass Co  (SZSE:301188) 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.


Shandong Linuo Technical Glass Co 5-Year Yield-on-Cost % Related Terms

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Shandong Linuo Technical Glass Co (SZSE:301188) Business Description

Traded in Other Exchanges
N/A
Address
Yuhuangmiao Town Government Station, Shanghe County, Shandong Province, Jinan City, CHN, 251604
Shandong Linuo Technical Glass Co Ltd is engaged in the research and development, production and sales of special glass.

Shandong Linuo Technical Glass Co (SZSE:301188) Headlines

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