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Zhonghong Pulin Medical Products Co (SZSE:300981) 5-Year Yield-on-Cost % : 6.03 (As of May. 25, 2024)


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What is Zhonghong Pulin Medical Products Co 5-Year Yield-on-Cost %?

Zhonghong Pulin Medical Products Co's yield on cost for the quarter that ended in Mar. 2024 was 6.03.


The historical rank and industry rank for Zhonghong Pulin Medical Products Co's 5-Year Yield-on-Cost % or its related term are showing as below:

SZSE:300981' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.53   Med: 5.15   Max: 20.51
Current: 6.03


During the past 11 years, Zhonghong Pulin Medical Products Co's highest Yield on Cost was 20.51. The lowest was 1.53. And the median was 5.15.


SZSE:300981's 5-Year Yield-on-Cost % is ranked better than
84.47% of 309 companies
in the Medical Devices & Instruments industry
Industry Median: 2.19 vs SZSE:300981: 6.03

Competitive Comparison of Zhonghong Pulin Medical Products Co's 5-Year Yield-on-Cost %

For the Medical Instruments & Supplies subindustry, Zhonghong Pulin Medical Products 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.


Zhonghong Pulin Medical Products Co's 5-Year Yield-on-Cost % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Zhonghong Pulin Medical Products Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Zhonghong Pulin Medical Products Co's 5-Year Yield-on-Cost % falls into.



Zhonghong Pulin Medical Products 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 Zhonghong Pulin Medical Products Co is calculated as

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

Zhonghong Pulin Medical Products Co  (SZSE:300981) 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.


Zhonghong Pulin Medical Products Co 5-Year Yield-on-Cost % Related Terms

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Zhonghong Pulin Medical Products Co (SZSE:300981) Business Description

Traded in Other Exchanges
N/A
Address
Chengxi Industrial Zone, Luannan County, Hebei Province, Tangshan, CHN, 063500
Zhonghong Pulin Medical Products Co Ltd is engaged in the research and development, production and sales of high-quality nitrile gloves, PVC gloves and other medical and industrial disposable protective gloves.
Executives
Chen Jun Executives

Zhonghong Pulin Medical Products Co (SZSE:300981) Headlines

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