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Chang Type Industrial Co (TPE:1541) 5-Year Yield-on-Cost % : 3.17 (As of May. 10, 2024)


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What is Chang Type Industrial Co 5-Year Yield-on-Cost %?

Chang Type Industrial Co's yield on cost for the quarter that ended in Dec. 2023 was 3.17.


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

TPE:1541' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.68   Med: 5.36   Max: 17.97
Current: 3.17


During the past 13 years, Chang Type Industrial Co's highest Yield on Cost was 17.97. The lowest was 1.68. And the median was 5.36.


TPE:1541's 5-Year Yield-on-Cost % is ranked better than
65.28% of 1852 companies
in the Industrial Products industry
Industry Median: 2.015 vs TPE:1541: 3.17

Competitive Comparison of Chang Type Industrial Co's 5-Year Yield-on-Cost %

For the Tools & Accessories subindustry, Chang Type Industrial Co'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.


Chang Type Industrial Co's 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chang Type Industrial Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Chang Type Industrial Co's 5-Year Yield-on-Cost % falls into.



Chang Type Industrial Co 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 Chang Type Industrial Co is calculated as

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

Chang Type Industrial Co  (TPE:1541) 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.


Chang Type Industrial Co 5-Year Yield-on-Cost % Related Terms

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Chang Type Industrial Co (TPE:1541) Business Description

Traded in Other Exchanges
N/A
Address
No 41, Nan-Tsuen Road, Ho-Li, Taichung, TWN, 42127
Chang Type Industrial Co Ltd engages in manufacture, process and sell hand tools, electric machines, motors, power tools, automatic control system, computer machinery, electric test instruments, woodworking machines and metal parts. The Company is also the agent to import and export raw materials for all related products mentioned above and to design various molds and fixtures.. The company's products include miter saws, scroll saws, radial arm saws and band saws and also manufacture motors, IC controls boards for power tools.

Chang Type Industrial Co (TPE:1541) Headlines

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