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China Longyuan Power Group (China Longyuan Power Group) 5-Year Yield-on-Cost %

: 2.19 (As of Today)
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China Longyuan Power Group's yield on cost for the quarter that ended in Dec. 2023 was 2.19.


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

CLPXF' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.58   Med: 0.74   Max: 2.19
Current: 2.19


During the past 13 years, China Longyuan Power Group's highest Yield on Cost was 2.19. The lowest was 0.58. And the median was 0.74.


CLPXF's 5-Year Yield-on-Cost % is ranked worse than
62.45% of 245 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.64 vs CLPXF: 2.19

Competitive Comparison

For the Utilities - Renewable subindustry, China Longyuan Power Group'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.


China Longyuan Power Group 5-Year Yield-on-Cost % Distribution

For the Utilities - Independent Power Producers industry and Utilities sector, China Longyuan Power Group's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where China Longyuan Power Group's 5-Year Yield-on-Cost % falls into.



China Longyuan Power Group 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 China Longyuan Power Group is calculated as

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

China Longyuan Power Group  (OTCPK:CLPXF) 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.


China Longyuan Power Group 5-Year Yield-on-Cost % Related Terms

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China Longyuan Power Group (China Longyuan Power Group) Business Description

Address
6 Fuchengmen North Street, Room 2006, 20th Floor, Block C, Xicheng District, Beijing, CHN
Longyuan is China's largest wind farm operator, with consolidated installed wind capacity of 26.2 gigawatts as of end-2022, representing about 7% of nationwide wind capacity. It has more than 400 wind farms spread across China, and has also expanded into other countries such as Canada and South Africa. Longyuan owns two coal-fired power plants in Jiangsu and operates other renewable assets such as solar, geothermal, and tidal energy on a limited scale. The consolidated installed capacity mix is about 84% wind, 6% thermal, and the remainder in other renewables. China Energy Investment, which was created through the merger of China Guodian Corporation and China Shenhua Group, is the major shareholder with a controlling stake of about 58.6%.

China Longyuan Power Group (China Longyuan Power Group) Headlines