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Cheng Mei Materials Technology (TPE:4960) 5-Year Yield-on-Cost % : 2.06 (As of May. 25, 2024)


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What is Cheng Mei Materials Technology 5-Year Yield-on-Cost %?

Cheng Mei Materials Technology's yield on cost for the quarter that ended in Mar. 2024 was 2.06.


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

TPE:4960' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.04   Med: 5.01   Max: 18.1
Current: 2.06


During the past 13 years, Cheng Mei Materials Technology's highest Yield on Cost was 18.10. The lowest was 1.04. And the median was 5.01.


TPE:4960's 5-Year Yield-on-Cost % is ranked worse than
58.49% of 1366 companies
in the Hardware industry
Industry Median: 2.7 vs TPE:4960: 2.06

Competitive Comparison of Cheng Mei Materials Technology's 5-Year Yield-on-Cost %

For the Electronic Components subindustry, Cheng Mei Materials 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.


Cheng Mei Materials Technology's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

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

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



Cheng Mei Materials 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 Cheng Mei Materials Technology is calculated as

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

Cheng Mei Materials Technology  (TPE:4960) 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.


Cheng Mei Materials Technology 5-Year Yield-on-Cost % Related Terms

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Cheng Mei Materials Technology (TPE:4960) Business Description

Traded in Other Exchanges
N/A
Address
No. 13, Muzhagang West Road, Shanhua District, Tainan City, TWN, 741
Cheng Mei Materials Technology Corp is specialized in polarizer manufacturing, production, research and development, and processing of optoelectronic products. The operation area and reportable segments of the company include Taiwan and Mainland China.

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