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New Hope Dairy Co (SZSE:002946) 5-Year Yield-on-Cost % : 0.82 (As of May. 26, 2024)


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What is New Hope Dairy Co 5-Year Yield-on-Cost %?

New Hope Dairy Co's yield on cost for the quarter that ended in Mar. 2024 was 0.82.


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

SZSE:002946' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.25   Med: 0.51   Max: 0.97
Current: 0.82


During the past 10 years, New Hope Dairy Co's highest Yield on Cost was 0.97. The lowest was 0.25. And the median was 0.51.


SZSE:002946's 5-Year Yield-on-Cost % is ranked worse than
84.94% of 1102 companies
in the Consumer Packaged Goods industry
Industry Median: 2.66 vs SZSE:002946: 0.82

Competitive Comparison of New Hope Dairy Co's 5-Year Yield-on-Cost %

For the Packaged Foods subindustry, New Hope Dairy 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.


New Hope Dairy Co's 5-Year Yield-on-Cost % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, New Hope Dairy Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where New Hope Dairy Co's 5-Year Yield-on-Cost % falls into.



New Hope Dairy 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 New Hope Dairy Co is calculated as

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

New Hope Dairy Co  (SZSE:002946) 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.


New Hope Dairy Co 5-Year Yield-on-Cost % Related Terms

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New Hope Dairy Co (SZSE:002946) Business Description

Traded in Other Exchanges
N/A
Address
No.366 Jinshi Road, New Hope Zhongding International, No. 3, 18th Floor, Building 2, Jinjiang District, Sichuan, Chengdu, CHN, 610023
New Hope Dairy Co Ltd is a dairy products supplier in China. The company have 12 dairy enterprises in Southwest China, Eastern China and Northern China, including 4 national enterprises of agricultural industrialization and 8 provincial enterprises.
Executives
Lin Yong Yu Executives
Li Hong Mei Supervisors
Xi Gang Director
Zhu Chuan Directors, executives
Zhang Shuai Executives

New Hope Dairy Co (SZSE:002946) Headlines

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