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Guangzhou Lingwe Technology Co (SZSE:301373) 5-Year Yield-on-Cost % : 2.66 (As of Jun. 08, 2024)


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What is Guangzhou Lingwe Technology Co 5-Year Yield-on-Cost %?

Guangzhou Lingwe Technology Co's yield on cost for the quarter that ended in Mar. 2024 was 2.66.


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

SZSE:301373' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.88   Med: 2.05   Max: 2.81
Current: 2.66


During the past 7 years, Guangzhou Lingwe Technology Co's highest Yield on Cost was 2.81. The lowest was 0.88. And the median was 2.05.


SZSE:301373's 5-Year Yield-on-Cost % is ranked better than
53.48% of 1064 companies
in the Chemicals industry
Industry Median: 2.36 vs SZSE:301373: 2.66

Competitive Comparison of Guangzhou Lingwe Technology Co's 5-Year Yield-on-Cost %

For the Chemicals subindustry, Guangzhou Lingwe 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.


Guangzhou Lingwe Technology Co's 5-Year Yield-on-Cost % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Guangzhou Lingwe Technology Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Guangzhou Lingwe 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 Guangzhou Lingwe Technology Co is calculated as

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

Guangzhou Lingwe Technology Co  (SZSE:301373) 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.


Guangzhou Lingwe Technology Co 5-Year Yield-on-Cost % Related Terms

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Guangzhou Lingwe Technology Co (SZSE:301373) Business Description

Traded in Other Exchanges
N/A
Address
No. 555, Panyu Avenue North, Room 701-702, Tian'an Science and Technology Exchange Center, Panyu Energy Conservation Technology Park, Panyu District, Guangdong Province, Guangzhou, CHN, 511493
Guangzhou Lingwe Technology Co Ltd is engaged in the rResearch and development, production and sales of nano-silica new materials.

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