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Tangshannyou Chemical Industries Co (SHSE:600409) 5-Year Yield-on-Cost % : 1.77 (As of May. 26, 2024)


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What is Tangshannyou Chemical Industries Co 5-Year Yield-on-Cost %?

Tangshannyou Chemical Industries Co's yield on cost for the quarter that ended in Mar. 2024 was 1.77.


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

SHSE:600409' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.28   Med: 1.37   Max: 3.73
Current: 1.77


During the past 13 years, Tangshannyou Chemical Industries Co's highest Yield on Cost was 3.73. The lowest was 0.28. And the median was 1.37.


SHSE:600409's 5-Year Yield-on-Cost % is ranked worse than
59.18% of 1051 companies
in the Chemicals industry
Industry Median: 2.33 vs SHSE:600409: 1.77

Competitive Comparison of Tangshannyou Chemical Industries Co's 5-Year Yield-on-Cost %

For the Specialty Chemicals subindustry, Tangshannyou Chemical Industries 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.


Tangshannyou Chemical Industries Co's 5-Year Yield-on-Cost % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tangshannyou Chemical Industries Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Tangshannyou Chemical Industries 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 Tangshannyou Chemical Industries Co is calculated as

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

Tangshannyou Chemical Industries Co  (SHSE:600409) 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.


Tangshannyou Chemical Industries Co 5-Year Yield-on-Cost % Related Terms

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Tangshannyou Chemical Industries Co (SHSE:600409) Business Description

Traded in Other Exchanges
N/A
Address
Nanbao Development Zone, Tangshan, Hebei, CHN, 063305
Tangshan Sanyou Chemical Industries Co Ltd is principally engaged in the production and sale of chemical products. Sanyou's technical process includes squeezing and pressing method, solid phase, and liquid phase. The company offers dense and light soda ash, hydration dense and extrusion dense soda ash, normal, low salt, super-low salt, and special low soda ash, industrial soda ash, food additive soda ash, viscose fiber, PVC and caustic soda products. In addition, the company offers salt products comprising industry salt, refined powder salt, industrial washing brine and magnesium chloride.

Tangshannyou Chemical Industries Co (SHSE:600409) Headlines

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