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Shandong Homey Aquatic Development Co (SHSE:600467) 5-Year Yield-on-Cost % : 0.78 (As of Apr. 26, 2024)


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What is Shandong Homey Aquatic Development Co 5-Year Yield-on-Cost %?

Shandong Homey Aquatic Development Co's yield on cost for the quarter that ended in Dec. 2023 was 0.78.


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

SHSE:600467' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.1   Med: 0.58   Max: 2.12
Current: 0.78


During the past 13 years, Shandong Homey Aquatic Development Co's highest Yield on Cost was 2.12. The lowest was 0.10. And the median was 0.58.


SHSE:600467's 5-Year Yield-on-Cost % is ranked worse than
82.19% of 1095 companies
in the Consumer Packaged Goods industry
Industry Median: 2.83 vs SHSE:600467: 0.78

Competitive Comparison of Shandong Homey Aquatic Development Co's 5-Year Yield-on-Cost %

For the Farm Products subindustry, Shandong Homey Aquatic Development 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.


Shandong Homey Aquatic Development Co's 5-Year Yield-on-Cost % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shandong Homey Aquatic Development Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Shandong Homey Aquatic Development Co's 5-Year Yield-on-Cost % falls into.



Shandong Homey Aquatic Development 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 Shandong Homey Aquatic Development Co is calculated as

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

Shandong Homey Aquatic Development Co  (SHSE:600467) 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.


Shandong Homey Aquatic Development Co 5-Year Yield-on-Cost % Related Terms

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Shandong Homey Aquatic Development Co (SHSE:600467) Business Description

Traded in Other Exchanges
N/A
Address
Shazuizi, Hushan Town, Rongcheng, Shandong, CHN, 264305
Shandong Homey Aquatic Development Co Ltd is engaged in the aquaculture and food processing businesses in China. Its products include sea cucumber, sea bream, abalone, prawn, kelp, clam, loach and other sea treasures, all of which are medium and high-grade seafood. Its other products include frozen food, aquatic products, health tonic series, beverage series products and salted aquatic products. The company distributes its products within domestic market and to overseas markets.

Shandong Homey Aquatic Development Co (SHSE:600467) Headlines

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