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Formosa Chemicals & Fibre (TPE:1326) 5-Year Yield-on-Cost % : 0.36 (As of Apr. 30, 2024)


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What is Formosa Chemicals & Fibre 5-Year Yield-on-Cost %?

Formosa Chemicals & Fibre's yield on cost for the quarter that ended in Dec. 2023 was 0.36.


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

TPE:1326' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.16   Med: 0.91   Max: 2.26
Current: 0.36


During the past 13 years, Formosa Chemicals & Fibre's highest Yield on Cost was 2.26. The lowest was 0.16. And the median was 0.91.


TPE:1326's 5-Year Yield-on-Cost % is ranked worse than
90.52% of 1055 companies
in the Chemicals industry
Industry Median: 2.37 vs TPE:1326: 0.36

Competitive Comparison of Formosa Chemicals & Fibre's 5-Year Yield-on-Cost %

For the Chemicals subindustry, Formosa Chemicals & Fibre'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 Chemicals & Fibre's 5-Year Yield-on-Cost % Distribution in the Chemicals Industry

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

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



Formosa Chemicals & Fibre 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 Chemicals & Fibre is calculated as

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

Formosa Chemicals & Fibre  (TPE:1326) 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 Chemicals & Fibre 5-Year Yield-on-Cost % Related Terms

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Formosa Chemicals & Fibre (TPE:1326) Business Description

Traded in Other Exchanges
N/A
Address
Dunhua North Road, Number 201, Songshan District, Taipei, TWN, 105
Formosa Chemicals & Fibre Corp manufactures and sells a variety of chemicals, plastics-based products, and textiles. The Company has eight business divisions, namely First Chemical Division, Petrochemicals Division, Third Chemical Division, Plastics Division, Textile Division, First Fiber Division, Second Fiber Division, and Engineering & Construction Division. The Company's businesses are production and sales of petrochemical products, including PTA, PS, AN, Butadiene, SM polymer, SM, benzene, toluene, pxylene (PX) and o-xylene (OX), as well as nylon fiber, and rayon staple fiber. The Company is also engaged in spinning, weaving, dyeing and finishing.

Formosa Chemicals & Fibre (TPE:1326) Headlines

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