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Foran Energy Group Co (SZSE:002911) 5-Year Yield-on-Cost % : 15.78 (As of May. 28, 2024)


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What is Foran Energy Group Co 5-Year Yield-on-Cost %?

Foran Energy Group Co's yield on cost for the quarter that ended in Mar. 2024 was 15.78.


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

SZSE:002911' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.51   Med: 8.1   Max: 15.99
Current: 15.78


During the past 13 years, Foran Energy Group Co's highest Yield on Cost was 15.99. The lowest was 3.51. And the median was 8.10.


SZSE:002911's 5-Year Yield-on-Cost % is ranked better than
92.27% of 427 companies
in the Utilities - Regulated industry
Industry Median: 4.5 vs SZSE:002911: 15.78

Competitive Comparison of Foran Energy Group Co's 5-Year Yield-on-Cost %

For the Utilities - Regulated Gas subindustry, Foran Energy Group 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.


Foran Energy Group Co's 5-Year Yield-on-Cost % Distribution in the Utilities - Regulated Industry

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

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



Foran Energy Group 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 Foran Energy Group Co is calculated as

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

Foran Energy Group Co  (SZSE:002911) 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.


Foran Energy Group Co 5-Year Yield-on-Cost % Related Terms

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Foran Energy Group Co (SZSE:002911) Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Nanhai Avenue, Chancheng District, Guangdong Province, Foshan, CHN, 528000
Foran Energy Group Co Ltd, formerly Foshan Gas Group Co Ltd is a China-based company involved in the natural gas business. It is primarily engaged in construction and operation of natural gas high-pressure pipe network and midstream distribution, end-of-pipe gas terminal sales and service, autogas refueling, gas engineering design, and construction. The main products are liquefied natural gas (LNG) and compressed natural gas (CNG). Geographically the business activities are carried out through China.
Executives
Shen Li Yuan Supervisors
Yin Hong Mei Directors, executives
Yin Xiang Director
Xu Zhong Executives
Huang Yi Cun Executives
Lin Sheng Jia Supervisors
Lei Bing Qin Director

Foran Energy Group Co (SZSE:002911) Headlines

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