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Shandong Liancheng Precision Manufacturing Co (SZSE:002921) 5-Year Yield-on-Cost % : 7.85 (As of Apr. 27, 2024)


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What is Shandong Liancheng Precision Manufacturing Co 5-Year Yield-on-Cost %?

Shandong Liancheng Precision Manufacturing Co's yield on cost for the quarter that ended in Dec. 2023 was 7.85.


The historical rank and industry rank for Shandong Liancheng Precision Manufacturing Co's 5-Year Yield-on-Cost % or its related term are showing as below:

SZSE:002921' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.83   Med: 4.83   Max: 9.82
Current: 7.85


During the past 11 years, Shandong Liancheng Precision Manufacturing Co's highest Yield on Cost was 9.82. The lowest was 1.83. And the median was 4.83.


SZSE:002921's 5-Year Yield-on-Cost % is ranked better than
89.96% of 1853 companies
in the Industrial Products industry
Industry Median: 2.07 vs SZSE:002921: 7.85

Competitive Comparison of Shandong Liancheng Precision Manufacturing Co's 5-Year Yield-on-Cost %

For the Metal Fabrication subindustry, Shandong Liancheng Precision Manufacturing 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.


Shandong Liancheng Precision Manufacturing Co's 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shandong Liancheng Precision Manufacturing Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Shandong Liancheng Precision Manufacturing Co's 5-Year Yield-on-Cost % falls into.



Shandong Liancheng Precision Manufacturing 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 Shandong Liancheng Precision Manufacturing Co is calculated as

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

Shandong Liancheng Precision Manufacturing Co  (SZSE:002921) 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.


Shandong Liancheng Precision Manufacturing Co 5-Year Yield-on-Cost % Related Terms

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Shandong Liancheng Precision Manufacturing Co (SZSE:002921) Business Description

Traded in Other Exchanges
N/A
Address
6 Chuangye Road, Economic Development Zone, Yanzhou, CHN, 272100
Shandong Liancheng Precision Manufacturing Co Ltd is a China-based company, engages in the development, design, production, and sales of precision castings, such as high-strength ductile iron and aluminum alloy castings. Its main products are automobile pump shell, frame, flange, damping wheel/ring, oil pump shell and others. Its products are used in passenger cars, commercial vehicles, diesel engines, construction machinery, commercial compressors, hydraulic machinery and other industries or fields.

Shandong Liancheng Precision Manufacturing Co (SZSE:002921) Headlines

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