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CETC Digital Technology Co (SHSE:600850) 5-Year Yield-on-Cost % : 2.71 (As of May. 15, 2024)


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

CETC Digital Technology Co's yield on cost for the quarter that ended in Mar. 2024 was 2.71.


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

SHSE:600850' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.43   Med: 1.74   Max: 4.02
Current: 2.71


During the past 13 years, CETC Digital Technology Co's highest Yield on Cost was 4.02. The lowest was 0.43. And the median was 1.74.


SHSE:600850's 5-Year Yield-on-Cost % is ranked better than
55.8% of 939 companies
in the Software industry
Industry Median: 2.32 vs SHSE:600850: 2.71

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

For the Software - Infrastructure subindustry, CETC Digital 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.


CETC Digital Technology Co's 5-Year Yield-on-Cost % Distribution in the Software Industry

For the Software industry and Technology sector, CETC Digital Technology Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



CETC Digital 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 CETC Digital Technology Co is calculated as

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

CETC Digital Technology Co  (SHSE:600850) 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.


CETC Digital Technology Co 5-Year Yield-on-Cost % Related Terms

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CETC Digital Technology Co (SHSE:600850) Business Description

Traded in Other Exchanges
N/A
Address
1485 Jialuo Road, 6th Floor, Building 43, Jiading District, Shanghai, CHN, 200233
CETC Digital Technology Co Ltd is engaged in the development of information systems and software engineering in China. It is also involved in the design, installation, and construction of computer hardware, communication equipment, electronics, integrated system equipment systems integration, network engineering, software engineering and electronic engineering. Its product and services include Data Center Product Solution, Cloud product solutions, and Cloud service management. The company distributes its products within domestic and overseas markets.

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