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Zhuzhou Tianqiao Crane Co (SZSE:002523) 5-Year Yield-on-Cost % : 0.22 (As of May. 18, 2024)


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What is Zhuzhou Tianqiao Crane Co 5-Year Yield-on-Cost %?

Zhuzhou Tianqiao Crane Co's yield on cost for the quarter that ended in Mar. 2024 was 0.22.


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

SZSE:002523' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.11   Med: 0.3   Max: 0.84
Current: 0.22


During the past 13 years, Zhuzhou Tianqiao Crane Co's highest Yield on Cost was 0.84. The lowest was 0.11. And the median was 0.30.


SZSE:002523's 5-Year Yield-on-Cost % is ranked worse than
95.42% of 131 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 2.41 vs SZSE:002523: 0.22

Competitive Comparison of Zhuzhou Tianqiao Crane Co's 5-Year Yield-on-Cost %

For the Farm & Heavy Construction Machinery subindustry, Zhuzhou Tianqiao Crane 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.


Zhuzhou Tianqiao Crane Co's 5-Year Yield-on-Cost % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Zhuzhou Tianqiao Crane Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Zhuzhou Tianqiao Crane 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 Zhuzhou Tianqiao Crane Co is calculated as

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

Zhuzhou Tianqiao Crane Co  (SZSE:002523) 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.


Zhuzhou Tianqiao Crane Co 5-Year Yield-on-Cost % Related Terms

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Zhuzhou Tianqiao Crane Co (SZSE:002523) Business Description

Traded in Other Exchanges
N/A
Address
Beimen Tianxin Zhuzhou, Hunan Province, Hunan, CHN, 412001
Zhuzhou Tianqiao Crane Co Ltd manufactures and supplies various special use cranes for steel, aluminum smelting, power, nuclear, and other industries in China and internationally. It offers pot tending machines, furnace tending machines, stacking cranes, transfer gantries, rail lifting beams and cathode cranes among others.

Zhuzhou Tianqiao Crane Co (SZSE:002523) Headlines

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