GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Guangdong Songyang Recycle Resources Co Ltd (SHSE:603863) » Definitions » 5-Year Yield-on-Cost %

Guangdong Songyang Recycle Resources Co (SHSE:603863) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 12, 2024)


View and export this data going back to 2019. Start your Free Trial

What is Guangdong Songyang Recycle Resources Co 5-Year Yield-on-Cost %?

Guangdong Songyang Recycle Resources Co's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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


During the past 12 years, Guangdong Songyang Recycle Resources Co's highest Yield on Cost was 1.36. The lowest was 0.00. And the median was 1.17.


SHSE:603863's 5-Year Yield-on-Cost % is not ranked *
in the Forest Products industry.
Industry Median: 2.405
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Guangdong Songyang Recycle Resources Co's 5-Year Yield-on-Cost %

For the Paper & Paper Products subindustry, Guangdong Songyang Recycle Resources 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.


Guangdong Songyang Recycle Resources Co's 5-Year Yield-on-Cost % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Guangdong Songyang Recycle Resources Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Guangdong Songyang Recycle Resources Co's 5-Year Yield-on-Cost % falls into.



Guangdong Songyang Recycle Resources 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 Guangdong Songyang Recycle Resources Co is calculated as

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

Guangdong Songyang Recycle Resources Co  (SHSE:603863) 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.


Guangdong Songyang Recycle Resources Co 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Guangdong Songyang Recycle Resources Co's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Guangdong Songyang Recycle Resources Co (SHSE:603863) Business Description

Traded in Other Exchanges
N/A
Address
Hongli Industrial Zone, Lianxia Town, Chenghai District, Guangdong Province, Shantou City, CHN, 515800
Guangdong Songyang Recycle Resources Co Ltd is a high-tech enterprise engaged in the research and development, production and sales of environmentally-friendly recycled paper.
Executives
Wang Zhuang Peng Director

Guangdong Songyang Recycle Resources Co (SHSE:603863) Headlines

No Headlines