GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Jiangsu King's Luck Brewery Joint-Stock Co Ltd (SHSE:603369) » Definitions » 5-Year Yield-on-Cost %

Jiangsu King's Luck Brewery Joint-Stock Co (SHSE:603369) 5-Year Yield-on-Cost % : 3.66 (As of Apr. 26, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Jiangsu King's Luck Brewery Joint-Stock Co 5-Year Yield-on-Cost %?

Jiangsu King's Luck Brewery Joint-Stock Co's yield on cost for the quarter that ended in Sep. 2023 was 3.66.


The historical rank and industry rank for Jiangsu King's Luck Brewery Joint-Stock Co's 5-Year Yield-on-Cost % or its related term are showing as below:

SHSE:603369' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.97   Med: 3.43   Max: 5.27
Current: 3.66


During the past 12 years, Jiangsu King's Luck Brewery Joint-Stock Co's highest Yield on Cost was 5.27. The lowest was 1.97. And the median was 3.43.


SHSE:603369's 5-Year Yield-on-Cost % is ranked better than
53.69% of 149 companies
in the Beverages - Alcoholic industry
Industry Median: 3.41 vs SHSE:603369: 3.66

Competitive Comparison of Jiangsu King's Luck Brewery Joint-Stock Co's 5-Year Yield-on-Cost %

For the Beverages - Wineries & Distilleries subindustry, Jiangsu King's Luck Brewery Joint-Stock 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.


Jiangsu King's Luck Brewery Joint-Stock Co's 5-Year Yield-on-Cost % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Jiangsu King's Luck Brewery Joint-Stock Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Jiangsu King's Luck Brewery Joint-Stock Co's 5-Year Yield-on-Cost % falls into.



Jiangsu King's Luck Brewery Joint-Stock 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 Jiangsu King's Luck Brewery Joint-Stock Co is calculated as

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

Jiangsu King's Luck Brewery Joint-Stock Co  (SHSE:603369) 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.


Jiangsu King's Luck Brewery Joint-Stock Co 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Jiangsu King's Luck Brewery Joint-Stock Co's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Jiangsu King's Luck Brewery Joint-Stock Co (SHSE:603369) Business Description

Traded in Other Exchanges
N/A
Address
Zhen present margin Avenue, Lianshui high, Jiangsu Province, Huaian, CHN
Jiangsu King's Luck Brewery Joint-Stock Co Ltd is a China-based company engages in the manufacturing and distribution of liquor. It is engaged in the manufacture and sale of Distilled spirit wine. It also offers pre-packaged food. The company conducts its businesses mainly within Jiangsu province.

Jiangsu King's Luck Brewery Joint-Stock Co (SHSE:603369) Headlines

No Headlines