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Largan Precision Co (TPE:3008) 5-Year Yield-on-Cost % : 3.46 (As of May. 11, 2024)


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What is Largan Precision Co 5-Year Yield-on-Cost %?

Largan Precision Co's yield on cost for the quarter that ended in Mar. 2024 was 3.46.


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

TPE:3008' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.77   Med: 2.01   Max: 11.43
Current: 3.46


During the past 13 years, Largan Precision Co's highest Yield on Cost was 11.43. The lowest was 0.77. And the median was 2.01.


TPE:3008's 5-Year Yield-on-Cost % is ranked better than
57.38% of 1361 companies
in the Hardware industry
Industry Median: 2.74 vs TPE:3008: 3.46

Competitive Comparison of Largan Precision Co's 5-Year Yield-on-Cost %

For the Electronic Components subindustry, Largan Precision 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.


Largan Precision Co's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

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

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



Largan Precision 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 Largan Precision Co is calculated as

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

Largan Precision Co  (TPE:3008) 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.


Largan Precision Co 5-Year Yield-on-Cost % Related Terms

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Largan Precision Co (TPE:3008) Business Description

Traded in Other Exchanges
N/A
Address
No. 11, Jingke Road, Nantun District, Taichung, TWN, 40852
Largan Precision is the leader in optical lens technology and the world's largest handset lensmaker by value. The company boasts almost 30 years of experience in the production of optical lenses, namely, plastic aspherical lenses, which are widely used to manufacture smartphone cameras. It is a major supplier of high-end handset camera lenses to global smartphone brands such as Apple and Samsung. The firm also produces optical lenses for various applications such as for automobiles, digital cameras, and extended reality headsets. Largan was co-founded in 1987 by Scott Lin, whose sons Lin En Ping and Lin En Zhou serve as the current CEO and Chairman, respectively. Largan is headquartered and mainly operates in Taichung City, Taiwan and employs 7,704 people as of 2023.

Largan Precision Co (TPE:3008) Headlines

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