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Xinyu Iron And Steel Co (SHSE:600782) 5-Year Yield-on-Cost % : 4.27 (As of Apr. 29, 2024)


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

Xinyu Iron And Steel Co's yield on cost for the quarter that ended in Dec. 2023 was 4.27.


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

SHSE:600782' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.41   Med: 4.93   Max: 23.58
Current: 4.27


During the past 13 years, Xinyu Iron And Steel Co's highest Yield on Cost was 23.58. The lowest was 0.41. And the median was 4.93.


SHSE:600782's 5-Year Yield-on-Cost % is ranked better than
53.91% of 358 companies
in the Steel industry
Industry Median: 3.47 vs SHSE:600782: 4.27

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

For the Steel subindustry, Xinyu 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.


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

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

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



Xinyu 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 Xinyu Iron And Steel Co is calculated as

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

Xinyu Iron And Steel Co  (SHSE:600782) 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.


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

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Xinyu Iron And Steel Co (SHSE:600782) Business Description

Traded in Other Exchanges
N/A
Address
Chengdong Economic Development Zone, Xinyu, Jiangxi, CHN, 338004
Xinyu Iron And Steel Co Ltd deals in products like the hot rolled coil, cold rolled sheet, wire rod, rebar, round bar, steel pipe, steel strip, and metal products. The products of the company are exported to more than twenty countries and regions such as Europe, the United States, Brazil, the Middle East, South Korea, Japan, Southeast Asia, and India.

Xinyu Iron And Steel Co (SHSE:600782) Headlines

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