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Tian Ruixiang Holdings (Tian Ruixiang Holdings) 5-Year Yield-on-Cost % : 0.00 (As of Apr. 28, 2024)


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What is Tian Ruixiang Holdings 5-Year Yield-on-Cost %?

Tian Ruixiang Holdings's yield on cost for the quarter that ended in Apr. 2023 was 0.00.


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



TIRX's 5-Year Yield-on-Cost % is not ranked *
in the Insurance industry.
Industry Median: 3.86
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Tian Ruixiang Holdings's 5-Year Yield-on-Cost %

For the Insurance Brokers subindustry, Tian Ruixiang Holdings'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.


Tian Ruixiang Holdings's 5-Year Yield-on-Cost % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Tian Ruixiang Holdings's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Tian Ruixiang Holdings's 5-Year Yield-on-Cost % falls into.



Tian Ruixiang Holdings 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 Tian Ruixiang Holdings is calculated as

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

Tian Ruixiang Holdings  (NAS:TIRX) 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.


Tian Ruixiang Holdings 5-Year Yield-on-Cost % Related Terms

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Tian Ruixiang Holdings (Tian Ruixiang Holdings) Business Description

Traded in Other Exchanges
N/A
Address
North East Third Ring Road, Room 1001, 10 / F, No. 25, Chaoyang District, Beijing, CHN
Tian Ruixiang Holdings Ltd is an Insurance Brokerage firm. It distributes a wide range of insurance products, which are categorized into two groups; property and casualty insurance, such as commercial property insurance, liability insurance, accidental insurance, and automobile insurance; and other insurances, such as health insurance, life insurance, and miscellaneous insurances. It also generates a small amount of revenue from risk management services. The firm act on behalf of its customers seeking insurance coverage from insurance companies. It generates revenue from the provision of insurance brokerage services.

Tian Ruixiang Holdings (Tian Ruixiang Holdings) Headlines

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