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Hubei Jiuzhiyang Infrared System Co (SZSE:300516) 5-Year Yield-on-Cost % : 2.70 (As of May. 26, 2024)


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What is Hubei Jiuzhiyang Infrared System Co 5-Year Yield-on-Cost %?

Hubei Jiuzhiyang Infrared System Co's yield on cost for the quarter that ended in Mar. 2024 was 2.70.


The historical rank and industry rank for Hubei Jiuzhiyang Infrared System Co's 5-Year Yield-on-Cost % or its related term are showing as below:

SZSE:300516' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.29   Med: 0.75   Max: 2.9
Current: 2.7


During the past 13 years, Hubei Jiuzhiyang Infrared System Co's highest Yield on Cost was 2.90. The lowest was 0.29. And the median was 0.75.


SZSE:300516's 5-Year Yield-on-Cost % is ranked better than
50% of 1366 companies
in the Hardware industry
Industry Median: 2.7 vs SZSE:300516: 2.70

Competitive Comparison of Hubei Jiuzhiyang Infrared System Co's 5-Year Yield-on-Cost %

For the Scientific & Technical Instruments subindustry, Hubei Jiuzhiyang Infrared System 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.


Hubei Jiuzhiyang Infrared System Co's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hubei Jiuzhiyang Infrared System Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Hubei Jiuzhiyang Infrared System Co's 5-Year Yield-on-Cost % falls into.



Hubei Jiuzhiyang Infrared System 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 Hubei Jiuzhiyang Infrared System Co is calculated as

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

Hubei Jiuzhiyang Infrared System Co  (SZSE:300516) 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.


Hubei Jiuzhiyang Infrared System Co 5-Year Yield-on-Cost % Related Terms

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Hubei Jiuzhiyang Infrared System Co (SZSE:300516) Business Description

Traded in Other Exchanges
N/A
Address
No.9 Mingze Road, Miaoshan Development Zone, Jiangxia District, Wuhan, CHN, 430223
Hubei Jiuzhiyang Infrared System Co Ltd engages in the research and fabrication of infrared thermal imagers, laser rangefinders in China. The company offers uncooled and cooled infrared imagers; laser range finders; and hand-held and physical thermoscopes. Its products are used in the areas of marine surveillance, law enforcement, security and protection monitoring, forest fire prevention, supervising and rescue for aquatic transportation, search and rescue, industrial detection, inspection, and quarantine, assistant driving.
Executives
Sun Xiu Rong Director
Zhao Li Hang Independent director

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