GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Chenming Electronic Technology Corp (TPE:3013) » Definitions » 5-Year Yield-on-Cost %

Chenming Electronic Technology (TPE:3013) 5-Year Yield-on-Cost % : 0.34 (As of Jun. 02, 2024)


View and export this data going back to 2002. Start your Free Trial

What is Chenming Electronic Technology 5-Year Yield-on-Cost %?

Chenming Electronic Technology's yield on cost for the quarter that ended in Mar. 2024 was 0.34.


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

TPE:3013' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.33   Med: 2.24   Max: 3.69
Current: 0.34


During the past 13 years, Chenming Electronic Technology's highest Yield on Cost was 3.69. The lowest was 0.33. And the median was 2.24.


TPE:3013's 5-Year Yield-on-Cost % is ranked worse than
93.15% of 1372 companies
in the Hardware industry
Industry Median: 2.63 vs TPE:3013: 0.34

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

For the Computer Hardware subindustry, Chenming Electronic 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.


Chenming Electronic Technology's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

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

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



Chenming Electronic 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 Chenming Electronic Technology is calculated as

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

Chenming Electronic Technology  (TPE:3013) 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.


Chenming Electronic Technology 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Chenming Electronic Technology's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Chenming Electronic Technology (TPE:3013) Business Description

Traded in Other Exchanges
N/A
Address
No. 27, Section 6, Mincyuan East Road, Neihu District, 2-6 Floor, Taipei, TWN, 114
Chenming Electronic Technology Corp is a OEM/ODM manufacturer. The business activities of the Group are production of mechanical parts, computer cases, manufacturing and development of mobile devices. Geographically it operates through Taiwan. The group has only one operating segment, which produces computer and mobile device components.

Chenming Electronic Technology (TPE:3013) Headlines

No Headlines