GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Tangshan Jidong Cement Co Ltd (SZSE:000401) » Definitions » 5-Year Yield-on-Cost %

Tangshan Jidong Cement Co (SZSE:000401) 5-Year Yield-on-Cost % : 3.05 (As of Apr. 26, 2024)


View and export this data going back to 1996. Start your Free Trial

What is Tangshan Jidong Cement Co 5-Year Yield-on-Cost %?

Tangshan Jidong Cement Co's yield on cost for the quarter that ended in Dec. 2023 was 3.05.


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

SZSE:000401' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.41   Med: 2.32   Max: 10.11
Current: 3.05


During the past 13 years, Tangshan Jidong Cement Co's highest Yield on Cost was 10.11. The lowest was 0.41. And the median was 2.32.


SZSE:000401's 5-Year Yield-on-Cost % is ranked worse than
58.75% of 240 companies
in the Building Materials industry
Industry Median: 3.745 vs SZSE:000401: 3.05

Competitive Comparison of Tangshan Jidong Cement Co's 5-Year Yield-on-Cost %

For the Building Materials subindustry, Tangshan Jidong Cement 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.


Tangshan Jidong Cement Co's 5-Year Yield-on-Cost % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Tangshan Jidong Cement Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Tangshan Jidong Cement 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 Tangshan Jidong Cement Co is calculated as

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

Tangshan Jidong Cement Co  (SZSE:000401) 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.


Tangshan Jidong Cement Co 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Tangshan Jidong Cement Co's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Tangshan Jidong Cement Co (SZSE:000401) Business Description

Traded in Other Exchanges
N/A
Address
Linyin Road, Fengrun District, Hebei Province, Tangshan, CHN, 064000
Tangshan Jidong Cement Co Ltd is a China-based company engages in the manufacturing and selling of cement and clinker. Its products and services include English and American standard Portland cement, road Portland cement, slag Portland cement, and compound cement as well as logistics services. Its products are mainly used in the civil engineering, hydraulic construction, national defense and other projects.

Tangshan Jidong Cement Co (SZSE:000401) Headlines

No Headlines