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NARI Technology Co (SHSE:600406) 5-Year Yield-on-Cost % : 3.33 (As of Apr. 29, 2024)


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What is NARI Technology Co 5-Year Yield-on-Cost %?

NARI Technology Co's yield on cost for the quarter that ended in Mar. 2024 was 3.33.


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

SHSE:600406' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.71   Med: 3.17   Max: 5.05
Current: 3.33


During the past 13 years, NARI Technology Co's highest Yield on Cost was 5.05. The lowest was 0.71. And the median was 3.17.


SHSE:600406's 5-Year Yield-on-Cost % is ranked better than
57.56% of 1852 companies
in the Industrial Products industry
Industry Median: 2.07 vs SHSE:600406: 3.33

Competitive Comparison of NARI Technology Co's 5-Year Yield-on-Cost %

For the Specialty Industrial Machinery subindustry, NARI Technology 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.


NARI Technology Co's 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, NARI Technology Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



NARI Technology 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 NARI Technology Co is calculated as

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

NARI Technology Co  (SHSE:600406) 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.


NARI Technology Co 5-Year Yield-on-Cost % Related Terms

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NARI Technology Co (SHSE:600406) Business Description

Traded in Other Exchanges
N/A
Address
Building 2, No. 19 Chengxin Avenue, Jiangning Economic and Technological Development Zone, Jiangsu Province, Nanjing, CHN, 211106
NARI Technology Co Ltd is engaged in providing power & automation technologies in China. It operates in areas of power system automation, smart grid, renewable energy, railway automation, industrial control, & energy conservation & environment protection.

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