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Angang Steel Co (Angang Steel Co) 5-Year Yield-on-Cost % : 0.00 (As of Apr. 29, 2024)


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What is Angang Steel Co 5-Year Yield-on-Cost %?

Angang Steel Co's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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


During the past 13 years, Angang Steel Co's highest Yield on Cost was 1.04. The lowest was 0.03. And the median was 0.21.


ANGGF's 5-Year Yield-on-Cost % is not ranked *
in the Steel industry.
Industry Median: 3.47
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Angang Steel Co's 5-Year Yield-on-Cost %

For the Steel subindustry, Angang Steel 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.


Angang Steel Co's 5-Year Yield-on-Cost % Distribution in the Steel Industry

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

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



Angang Steel 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 Angang Steel Co is calculated as

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

Angang Steel Co  (OTCPK:ANGGF) 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.


Angang Steel Co 5-Year Yield-on-Cost % Related Terms

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Angang Steel Co (Angang Steel Co) Business Description

Traded in Other Exchanges
Address
Production Area of Angang Steel, Tie Xi District, Liaoning Province, Anshan, CHN, 114021
Angang Steel Co Ltd is engaged in the steel rolling and processing industry. The Company is classified into an operating segment based on the type of business: production and sale of steel products. The Company's products have diversified structures and include hot rolled sheets, medium and thick plates, cold rolled sheets, color coating plates, heavy rails, seamless steel pipes and wire rods, and other products. These products are widely used in industries such as machinery, metallurgy, petroleum, chemical industry, coal, electric power, railway, shipbuilding, automobile, construction, home electrical appliances, and aviation. Geographically, the group derives a majority of its revenue from the China region.

Angang Steel Co (Angang Steel Co) Headlines

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