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Yang Ming Marine Transport (TPE:2609) 5-Year Yield-on-Cost % : 39.53 (As of May. 07, 2024)


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What is Yang Ming Marine Transport 5-Year Yield-on-Cost %?

Yang Ming Marine Transport's yield on cost for the quarter that ended in Dec. 2023 was 39.53.


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

TPE:2609' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 21.95   Med: 32.9   Max: 48.43
Current: 39.53


During the past 13 years, Yang Ming Marine Transport's highest Yield on Cost was 48.43. The lowest was 21.95. And the median was 32.90.


TPE:2609's 5-Year Yield-on-Cost % is ranked better than
96.79% of 623 companies
in the Transportation industry
Industry Median: 3.51 vs TPE:2609: 39.53

Competitive Comparison of Yang Ming Marine Transport's 5-Year Yield-on-Cost %

For the Marine Shipping subindustry, Yang Ming Marine Transport'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.


Yang Ming Marine Transport's 5-Year Yield-on-Cost % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Yang Ming Marine Transport's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Yang Ming Marine Transport's 5-Year Yield-on-Cost % falls into.



Yang Ming Marine Transport 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 Yang Ming Marine Transport is calculated as

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

Yang Ming Marine Transport  (TPE:2609) 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.


Yang Ming Marine Transport 5-Year Yield-on-Cost % Related Terms

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Yang Ming Marine Transport (TPE:2609) Business Description

Traded in Other Exchanges
N/A
Address
No. 271, Ming De 1st Road, Qidu District, Keelung, TWN, 206
Yang Ming Marine Transport Corp is a transportation and logistics company that is headquartered in Taiwan and operates in the container shipping industry. The company has three segments: containership, bulk shipping, and others. It generates revenue from contracts with customers for providing domestic and overseas marine container shipping and passenger services. The company also earns revenue from operating leases on ships, containers, and warehouses. It earns the largest portion of its sales from customers in America, followed by Europe and Asia.

Yang Ming Marine Transport (TPE:2609) Headlines

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