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Minfeng Special Paper Co (SHSE:600235) 5-Year Yield-on-Cost % : 0.42 (As of May. 13, 2024)


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What is Minfeng Special Paper Co 5-Year Yield-on-Cost %?

Minfeng Special Paper Co's yield on cost for the quarter that ended in Mar. 2024 was 0.42.


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

SHSE:600235' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.17   Med: 0.36   Max: 6.89
Current: 0.42


During the past 13 years, Minfeng Special Paper Co's highest Yield on Cost was 6.89. The lowest was 0.17. And the median was 0.36.


SHSE:600235's 5-Year Yield-on-Cost % is ranked worse than
90.7% of 172 companies
in the Forest Products industry
Industry Median: 2.47 vs SHSE:600235: 0.42

Competitive Comparison of Minfeng Special Paper Co's 5-Year Yield-on-Cost %

For the Paper & Paper Products subindustry, Minfeng Special Paper 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.


Minfeng Special Paper Co's 5-Year Yield-on-Cost % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Minfeng Special Paper Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Minfeng Special Paper 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 Minfeng Special Paper Co is calculated as

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

Minfeng Special Paper Co  (SHSE:600235) 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.


Minfeng Special Paper Co 5-Year Yield-on-Cost % Related Terms

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Minfeng Special Paper Co (SHSE:600235) Business Description

Traded in Other Exchanges
N/A
Address
70 Yuli Street, Zhejiang Province, Jiaxing, CHN, 314000
Minfeng Special Paper Co Ltd develops and manufactures paper. The company focuses on the industrial specialty paper market. The company's main products consist of cigarette paper series, industrial paper, tracing paper series and capacitor paper series, among others. It sells the products in both Chinese and international market.

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