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SPIC Industry-Finance Holdings Co (SZSE:000958) 5-Year Yield-on-Cost %

: 2.43 (As of Today)
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SPIC Industry-Finance Holdings Co's yield on cost for the quarter that ended in Mar. 2024 was 2.43.


The historical rank and industry rank for SPIC Industry-Finance Holdings Co's 5-Year Yield-on-Cost % or its related term are showing as below:

SZSE:000958' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.29   Med: 1.86   Max: 4.85
Current: 2.43


During the past 13 years, SPIC Industry-Finance Holdings Co's highest Yield on Cost was 4.85. The lowest was 0.29. And the median was 1.86.


SZSE:000958's 5-Year Yield-on-Cost % is ranked worse than
74.94% of 427 companies
in the Utilities - Regulated industry
Industry Median: 4.67 vs SZSE:000958: 2.43

Competitive Comparison

For the Utilities - Regulated Electric subindustry, SPIC Industry-Finance Holdings 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.


SPIC Industry-Finance Holdings Co 5-Year Yield-on-Cost % Distribution

For the Utilities - Regulated industry and Utilities sector, SPIC Industry-Finance Holdings Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where SPIC Industry-Finance Holdings Co's 5-Year Yield-on-Cost % falls into.



SPIC Industry-Finance Holdings 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 SPIC Industry-Finance Holdings Co is calculated as

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

SPIC Industry-Finance Holdings Co  (SZSE:000958) 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.


SPIC Industry-Finance Holdings Co 5-Year Yield-on-Cost % Related Terms

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SPIC Industry-Finance Holdings Co (SZSE:000958) Business Description

Traded in Other Exchanges
N/A
Address
No. 161 Jianhua South Street, Hebei Province, Shijiazhuang, CHN, 050031
SPIC Industry-Finance Holdings Co Ltd is engaged in the generation and distribution of heat, steam, and electricity for industrial, commercial and residential purposes.

SPIC Industry-Finance Holdings Co (SZSE:000958) Headlines

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