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Shine Trend International Multimedia Tec (ROCO:6856) 5-Year Yield-on-Cost % : 6.06 (As of May. 29, 2024)


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What is Shine Trend International Multimedia Tec 5-Year Yield-on-Cost %?

Shine Trend International Multimedia Tec's yield on cost for the quarter that ended in Mar. 2024 was 6.06.


The historical rank and industry rank for Shine Trend International Multimedia Tec's 5-Year Yield-on-Cost % or its related term are showing as below:

ROCO:6856' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 4.22   Med: 4.87   Max: 6.12
Current: 6.06


During the past 6 years, Shine Trend International Multimedia Tec's highest Yield on Cost was 6.12. The lowest was 4.22. And the median was 4.87.


ROCO:6856's 5-Year Yield-on-Cost % is ranked better than
74.55% of 389 companies
in the Media - Diversified industry
Industry Median: 3 vs ROCO:6856: 6.06

Competitive Comparison of Shine Trend International Multimedia Tec's 5-Year Yield-on-Cost %

For the Entertainment subindustry, Shine Trend International Multimedia Tec'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.


Shine Trend International Multimedia Tec's 5-Year Yield-on-Cost % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Shine Trend International Multimedia Tec's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Shine Trend International Multimedia Tec's 5-Year Yield-on-Cost % falls into.



Shine Trend International Multimedia Tec 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 Shine Trend International Multimedia Tec is calculated as

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

Shine Trend International Multimedia Tec  (ROCO:6856) 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.


Shine Trend International Multimedia Tec 5-Year Yield-on-Cost % Related Terms

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Shine Trend International Multimedia Tec (ROCO:6856) Business Description

Traded in Other Exchanges
N/A
Address
No. 68, Section 1, Guoguang Road, Dali District, Taichung, TWN
Shine Trend International Multimedia Tec is involved in the entertainment business. The company is focused on the production of programs for television.

Shine Trend International Multimedia Tec (ROCO:6856) Headlines

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