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Maanshan Iron And Steel Co (FRA:YM9A) 5-Year Yield-on-Cost % : 0.41 (As of Apr. 25, 2024)


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What is Maanshan Iron And Steel Co 5-Year Yield-on-Cost %?

Maanshan Iron And Steel Co's yield on cost for the quarter that ended in Dec. 2023 was 0.41.


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

FRA:YM9A' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.15   Med: 0.99   Max: 2.94
Current: 0.41


During the past 13 years, Maanshan Iron And Steel Co's highest Yield on Cost was 2.94. The lowest was 0.15. And the median was 0.99.


FRA:YM9A's 5-Year Yield-on-Cost % is ranked worse than
97.2% of 357 companies
in the Steel industry
Industry Median: 3.46 vs FRA:YM9A: 0.41

Competitive Comparison of Maanshan Iron And Steel Co's 5-Year Yield-on-Cost %

For the Steel subindustry, Maanshan Iron And 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.


Maanshan Iron And Steel Co's 5-Year Yield-on-Cost % Distribution in the Steel Industry

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

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



Maanshan Iron And 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 Maanshan Iron And Steel Co is calculated as

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

Maanshan Iron And Steel Co  (FRA:YM9A) 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.


Maanshan Iron And Steel Co 5-Year Yield-on-Cost % Related Terms

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Maanshan Iron And Steel Co (FRA:YM9A) Business Description

Traded in Other Exchanges
Address
No. 8 Jiu Hua Xi Road, Anhui Province, Maanshan, CHN, 243003
Maanshan Iron And Steel Co Ltd produces and sells iron and steel products. It has two segments. Production and sale of iron and steel products and related by-products, and Financial service. The company's principal product is steel, which is categorized into steel plates, section steel, wire rods, and train wheels. Thin plate products are further categorized into hot and rolled plates, galvanized plates, and coil-coating plates. The products in the wire rod category comprise wire rod materials and hot-rolled reinforced steel used in armored concrete. The Train wheel category includes train wheels and wheel rims.

Maanshan Iron And Steel Co (FRA:YM9A) Headlines

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