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Guangdong Kingstrong Technology Co (SZSE:300629) 5-Year Yield-on-Cost % : 0.50 (As of May. 31, 2024)


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What is Guangdong Kingstrong Technology Co 5-Year Yield-on-Cost %?

Guangdong Kingstrong Technology Co's yield on cost for the quarter that ended in Mar. 2024 was 0.50.


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

SZSE:300629' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.04   Med: 0.38   Max: 0.65
Current: 0.5


During the past 13 years, Guangdong Kingstrong Technology Co's highest Yield on Cost was 0.65. The lowest was 0.04. And the median was 0.38.


SZSE:300629's 5-Year Yield-on-Cost % is ranked worse than
84.5% of 1884 companies
in the Industrial Products industry
Industry Median: 2.08 vs SZSE:300629: 0.50

Competitive Comparison of Guangdong Kingstrong Technology Co's 5-Year Yield-on-Cost %

For the Metal Fabrication subindustry, Guangdong Kingstrong Technology 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 Kingstrong Technology Co's 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Guangdong Kingstrong Technology Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Guangdong Kingstrong Technology 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 Kingstrong Technology Co is calculated as

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

Guangdong Kingstrong Technology Co  (SZSE:300629) 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 Kingstrong Technology Co 5-Year Yield-on-Cost % Related Terms

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Guangdong Kingstrong Technology Co (SZSE:300629) Business Description

Traded in Other Exchanges
N/A
Address
No. 6 Bo Jin Road, Wujin Industirial Zone, Danzao town, Office Building and Workshop, Nanhai district, Guangdong, Foshan, CHN, 528216
King-Strong New Material Technology Co Ltd is a Chinese company engaged in offering superhard material products, electromagnetism, powder-metallurgy material and carbides coated composite products. The products have applications in the industry of ceramics, mine, construction, building materials, metallurgy, electricity, refractory material and military industry. The organization sells its products in China, and also exports it to the other countries. The product portfolio of the company includes diamond roller, diamond roller integrated, cylindrical wheel, and soft polishing resin sheet, among others.
Executives
Wang Gang Directors, executives
Wen Jun Director
Zhang Tian Rong Directors, executives
Dong Xue You Directors, executives
Peng Bo Director
Luo Hai Yan Executives
Wang Zhen Ming Directors, executives
Kuang Tong Chun Independent director
Hu Qun Mei Supervisors

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