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Joy Kie (SZSE:300994) 5-Year Yield-on-Cost % : 4.50 (As of May. 21, 2024)


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What is Joy Kie 5-Year Yield-on-Cost %?

Joy Kie's yield on cost for the quarter that ended in Mar. 2024 was 4.50.


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

SZSE:300994' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.76   Med: 3.81   Max: 6.71
Current: 4.5


During the past 7 years, Joy Kie's highest Yield on Cost was 6.71. The lowest was 0.76. And the median was 3.81.


SZSE:300994's 5-Year Yield-on-Cost % is ranked better than
72.67% of 344 companies
in the Travel & Leisure industry
Industry Median: 2.41 vs SZSE:300994: 4.50

Competitive Comparison of Joy Kie's 5-Year Yield-on-Cost %

For the Leisure subindustry, Joy Kie'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.


Joy Kie's 5-Year Yield-on-Cost % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Joy Kie's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Joy Kie's 5-Year Yield-on-Cost % falls into.



Joy Kie 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 Joy Kie is calculated as

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

Joy Kie  (SZSE:300994) 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.


Joy Kie 5-Year Yield-on-Cost % Related Terms

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Joy Kie (SZSE:300994) Business Description

Traded in Other Exchanges
N/A
Address
No.509 Qingtai Street, 8th Floor, Fuchun Building, Shangcheng District, hejiang Province, Hangzhou, CHN, 310002
Joy Kie Corp Ltd is engaged in the design, research and development, production and sales of complete bicycles and their parts and related derivative products.

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