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Huzhou Gas Co (HKSE:06661) 5-Year Yield-on-Cost % : 6.04 (As of May. 13, 2024)


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What is Huzhou Gas Co 5-Year Yield-on-Cost %?

Huzhou Gas Co's yield on cost for the quarter that ended in Dec. 2023 was 6.04.


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

HKSE:06661' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 5.63   Med: 6.1   Max: 6.15
Current: 6.04


During the past 5 years, Huzhou Gas Co's highest Yield on Cost was 6.15. The lowest was 5.63. And the median was 6.10.


HKSE:06661's 5-Year Yield-on-Cost % is not ranked
in the Utilities - Regulated industry.
Industry Median: 4.51 vs HKSE:06661: 6.04

Competitive Comparison of Huzhou Gas Co's 5-Year Yield-on-Cost %

For the Utilities - Regulated Gas subindustry, Huzhou Gas 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.


Huzhou Gas Co's 5-Year Yield-on-Cost % Distribution in the Utilities - Regulated Industry

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

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



Huzhou Gas 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 Huzhou Gas Co is calculated as

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

Huzhou Gas Co  (HKSE:06661) 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.


Huzhou Gas Co 5-Year Yield-on-Cost % Related Terms

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Huzhou Gas Co (HKSE:06661) Business Description

Traded in Other Exchanges
N/A
Address
227 Sizhong Road, Zhejiang Province, Huzhou, CHN
Huzhou Gas Co Ltd is the largest piped natural gas distributor. The principal business of the company comprises of sale of gas, mainly PNG under the Concessions; provision of construction and installation services to construct and install end-user pipeline network and gas facilities for customers such as property developers and owners or occupants of residential and non-residential properties; and others, including sale of household gas appliances.

Huzhou Gas Co (HKSE:06661) Headlines

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