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ZK International Group Co (ZK International Group Co) 5-Year Yield-on-Cost % : 0.00 (As of May. 01, 2024)


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What is ZK International Group Co 5-Year Yield-on-Cost %?

ZK International Group Co's yield on cost for the quarter that ended in Mar. 2023 was 0.00.


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



ZKIN's 5-Year Yield-on-Cost % is not ranked *
in the Steel industry.
Industry Median: 3.42
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of ZK International Group Co's 5-Year Yield-on-Cost %

For the Steel subindustry, ZK International Group 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.


ZK International Group Co's 5-Year Yield-on-Cost % Distribution in the Steel Industry

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

* The bar in red indicates where ZK International Group Co's 5-Year Yield-on-Cost % falls into.



ZK International Group 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 ZK International Group Co is calculated as

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

ZK International Group Co  (NAS:ZKIN) 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.


ZK International Group Co 5-Year Yield-on-Cost % Related Terms

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ZK International Group Co (ZK International Group Co) Business Description

Traded in Other Exchanges
N/A
Address
C/o Zhejiang Zhengkang Industrial Co., Ltd., No. 678 Dingxiang Road, Binhai Industrial Park, Zhejiang Province, Economic and Technology Development Zone, Wenzhou, CHN, 325025
ZK International Group Co Ltd is engaged in the manufacture and marketing of metal pipes. The company is specialized in producing double-press thin-walled stainless steel tube and fittings, carbon steel tube and fittings, single-press tube and fittings, and stainless-steel strip. The products are used in restaurants, hotel, hospital, firefighting, food, beverage, ship, engine, industrial seawater desalination and systems of direct-drinking water, cold /hot water supply, city water supply, gas of large/middle scale construction projects.

ZK International Group Co (ZK International Group Co) Headlines

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