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China Chengtong Development Group (FRA:CCO) 5-Year Yield-on-Cost % : 4.48 (As of Jun. 08, 2024)


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What is China Chengtong Development Group 5-Year Yield-on-Cost %?

China Chengtong Development Group's yield on cost for the quarter that ended in Dec. 2023 was 4.48.


The historical rank and industry rank for China Chengtong Development Group's 5-Year Yield-on-Cost % or its related term are showing as below:

FRA:CCO' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.76   Med: 5.39   Max: 8.11
Current: 4.48


During the past 13 years, China Chengtong Development Group's highest Yield on Cost was 8.11. The lowest was 3.76. And the median was 5.39.


FRA:CCO's 5-Year Yield-on-Cost % is ranked better than
56.13% of 351 companies
in the Steel industry
Industry Median: 3.45 vs FRA:CCO: 4.48

Competitive Comparison of China Chengtong Development Group's 5-Year Yield-on-Cost %

For the Steel subindustry, China Chengtong Development Group'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.


China Chengtong Development Group's 5-Year Yield-on-Cost % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, China Chengtong Development Group's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where China Chengtong Development Group's 5-Year Yield-on-Cost % falls into.



China Chengtong Development Group 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 China Chengtong Development Group is calculated as

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

China Chengtong Development Group  (FRA:CCO) 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.


China Chengtong Development Group 5-Year Yield-on-Cost % Related Terms

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China Chengtong Development Group (FRA:CCO) Business Description

Traded in Other Exchanges
Address
18 Harbour Road, Suite 6406, 64th Floor, Central Plaza, Wanchai, Hong Kong, HKG
China Chengtong Development Group is an investment holding company and has its operations divided into five business segments: property development, property investment, finance leasing, bulk commodity trade, and marine recreation services and hotel. The property development segment holds land for property development projects. The property investment segment offers rental services and holds investment properties for appreciation. The finance leasing segment offers finance leasing services, such as arranging sales and leaseback transactions. The bulk commodity trade segment, which generates the vast majority of the company's revenue, includes the trading of coal, steel, and nonferrous metal. The company earns its revenue in the People's Republic of China.

China Chengtong Development Group (FRA:CCO) Headlines

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