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Tian Lun Gas Holdings (HKSE:01600) 5-Year Yield-on-Cost % : 7.85 (As of May. 13, 2024)


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

Tian Lun Gas Holdings's yield on cost for the quarter that ended in Dec. 2023 was 7.85.


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

HKSE:01600' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.68   Med: 6.84   Max: 22.94
Current: 7.85


During the past 13 years, Tian Lun Gas Holdings's highest Yield on Cost was 22.94. The lowest was 1.68. And the median was 6.84.


HKSE:01600's 5-Year Yield-on-Cost % is ranked better than
77.75% of 427 companies
in the Utilities - Regulated industry
Industry Median: 4.5 vs HKSE:01600: 7.85

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

For the Utilities - Regulated Gas subindustry, Tian Lun Gas 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 Lun Gas Holdings's 5-Year Yield-on-Cost % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Tian Lun Gas Holdings's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Tian Lun Gas 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 Lun Gas Holdings is calculated as

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

Tian Lun Gas Holdings  (HKSE:01600) 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 Lun Gas Holdings 5-Year Yield-on-Cost % Related Terms

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Tian Lun Gas Holdings (HKSE:01600) Business Description

Traded in Other Exchanges
Address
No. 6 Huang He East Road, 4th Floor, Tian Lun Group Building, Zheng Dong Xin District, Henan Province, Zhengzhou City, CHN, 450003
Tian Lun Gas Holdings Ltd is a Chinese investment holding company whose subsidiaries are engaged in the investment, operation and management of gas pipeline connections, transportation, distribution and sales of gas, construction and operation of gas filling stations, and production and sales of LNG in the People's Republic of China. The segments of the company are sale of natural gas in cylinders, sale of natural gas in bulk and engineering construction services. The company derives majority of its revenue from the sale of natural gas.

Tian Lun Gas Holdings (HKSE:01600) Headlines

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