Formosa Plastics (TPE:1301) 5-Year Yield-on-Cost % : 5.20 (As of May. 07, 2024)

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What is Formosa Plastics 5-Year Yield-on-Cost %?

Formosa Plastics's yield on cost for the quarter that ended in Dec. 2023 was 5.20.

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

TPE:1301' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.28 Med: 3.78 Max: 10.78
Current: 5.2

During the past 13 years, Formosa Plastics's highest Yield on Cost was 10.78. The lowest was 1.28. And the median was 3.78.

TPE:1301's 5-Year Yield-on-Cost % is ranked better than
77.09% of 1052 companies
in the Chemicals industry
Industry Median: 2.32 vs TPE:1301: 5.20

Competitive Comparison of Formosa Plastics's 5-Year Yield-on-Cost %

For the Specialty Chemicals subindustry, Formosa Plastics'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.

Formosa Plastics's 5-Year Yield-on-Cost % Distribution in the Chemicals Industry

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

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

Formosa Plastics 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 Formosa Plastics is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Formosa Plastics (TPE:1301) 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.

Formosa Plastics 5-Year Yield-on-Cost % Related Terms

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Formosa Plastics (TPE:1301) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Formosa Plastics Corp (TPE:1301) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 100, Shuiguan Road, Renwu District, Kaohsiung, TWN, 814

Website

http://www.fpc.com.tw

Formosa Plastics Corp is a holding company that, through its subsidiaries, manufactures and sells plastic-based products, chemical fibers, and petrochemicals. The company operates in six reportable segments: Plastics, Polyolefins, Polypropylene, Tairylan, Chemistry, and Others. The company's products run the gambit of major petrochemicals and plastics. These are used in daily necessities, outdoor sports, mechanical industry, building material coating, and other applications. The company operates primarily in Asia, including Taiwan, mainland China, among others.

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