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SolarMax Technology (SolarMax Technology) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 09, 2024)


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What is SolarMax Technology 5-Year Yield-on-Cost %?

SolarMax Technology's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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



SMXT's 5-Year Yield-on-Cost % is not ranked *
in the Semiconductors industry.
Industry Median: 1.81
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of SolarMax Technology's 5-Year Yield-on-Cost %

For the Solar subindustry, SolarMax Technology'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.


SolarMax Technology's 5-Year Yield-on-Cost % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, SolarMax Technology's 5-Year Yield-on-Cost % distribution charts can be found below:

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



SolarMax Technology 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 SolarMax Technology is calculated as

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

SolarMax Technology  (NAS:SMXT) 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.


SolarMax Technology 5-Year Yield-on-Cost % Related Terms

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SolarMax Technology (SolarMax Technology) Business Description

Comparable Companies
Traded in Other Exchanges
Address
3080 12th Street, Riverside, CA, USA, 92507
SolarMax Technology Inc is an integrated solar and renewable energy company. It operates in two segments namely the United States and China. The United States business includes the sale and installation of photovoltaic and battery backup systems. China operations consist of operating and maintaining solar farm projects and identifying and procuring solar farm projects for resale to third parties. Some of its products are LG Solar Panels, QCELL Solar Panels, Panasonic Solar Panels, and others. The company generates a majority of its revenue from the Solar energy systems.

SolarMax Technology (SolarMax Technology) Headlines