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Minami Acoustics (SZSE:301383) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 10, 2024)


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What is Minami Acoustics 5-Year Yield-on-Cost %?

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


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



SZSE:301383's 5-Year Yield-on-Cost % is not ranked *
in the Hardware industry.
Industry Median: 2.645
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Minami Acoustics's 5-Year Yield-on-Cost %

For the Consumer Electronics subindustry, Minami Acoustics'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.


Minami Acoustics's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

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

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



Minami Acoustics 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 Minami Acoustics is calculated as

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

Minami Acoustics  (SZSE:301383) 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.


Minami Acoustics 5-Year Yield-on-Cost % Related Terms

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Minami Acoustics (SZSE:301383) Business Description

Traded in Other Exchanges
N/A
Address
No. 66, Baokuang Road, Shangou Industrial Zone, Yudu County, Jiangxi, Ganzhou, CHN, 342300
Minami Acoustics Ltd focuses on the research & development, production and sales of electroacoustic components and accessories, and has production and manufacturing bases in Zhongshan, Yudu and Malaysia respectively. The main business is the research and development, manufacturing and sales of micro electroacoustic components, consumer, industrial and vehicle-mounted electroacoustic products, and health acoustic products.

Minami Acoustics (SZSE:301383) Headlines

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