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Shandong Jinjing Science & Technology Stock Co (SHSE:600586) 5-Year Yield-on-Cost % : 0.57 (As of May. 27, 2024)


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What is Shandong Jinjing Science & Technology Stock Co 5-Year Yield-on-Cost %?

Shandong Jinjing Science & Technology Stock Co's yield on cost for the quarter that ended in Mar. 2024 was 0.57.


The historical rank and industry rank for Shandong Jinjing Science & Technology Stock Co's 5-Year Yield-on-Cost % or its related term are showing as below:

SHSE:600586' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.32   Med: 1   Max: 4.94
Current: 0.57


During the past 13 years, Shandong Jinjing Science & Technology Stock Co's highest Yield on Cost was 4.94. The lowest was 0.32. And the median was 1.00.


SHSE:600586's 5-Year Yield-on-Cost % is ranked worse than
83.75% of 1052 companies
in the Chemicals industry
Industry Median: 2.33 vs SHSE:600586: 0.57

Competitive Comparison of Shandong Jinjing Science & Technology Stock Co's 5-Year Yield-on-Cost %

For the Specialty Chemicals subindustry, Shandong Jinjing Science & Technology Stock 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.


Shandong Jinjing Science & Technology Stock Co's 5-Year Yield-on-Cost % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shandong Jinjing Science & Technology Stock Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Shandong Jinjing Science & Technology Stock Co's 5-Year Yield-on-Cost % falls into.



Shandong Jinjing Science & Technology Stock 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 Shandong Jinjing Science & Technology Stock Co is calculated as

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

Shandong Jinjing Science & Technology Stock Co  (SHSE:600586) 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.


Shandong Jinjing Science & Technology Stock Co 5-Year Yield-on-Cost % Related Terms

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Shandong Jinjing Science & Technology Stock Co (SHSE:600586) Business Description

Traded in Other Exchanges
N/A
Address
Wangzhuang, Baoshi Town, New and High-Technology Development Zone, Zibo, Shandong, CHN, 255086
Shandong Jinjing Science & Technology Stock Co Ltd manufacturers of float glass in China. It provides clear float glass; low iron glass; tempered glass; solar glass; laminated glass; silver mirror; bronze glass; grey glass; ocean blue glass; reflective glass; patterned glass; automotive glass.
Executives
Ji Ya Lin senior management

Shandong Jinjing Science & Technology Stock Co (SHSE:600586) Headlines

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