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FineTek Co (ROCO:4549) 5-Year Yield-on-Cost % : 3.12 (As of May. 25, 2024)


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What is FineTek Co 5-Year Yield-on-Cost %?

FineTek Co's yield on cost for the quarter that ended in Mar. 2024 was 3.12.


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

ROCO:4549' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.11   Med: 5.18   Max: 11.75
Current: 3.12


During the past 13 years, FineTek Co's highest Yield on Cost was 11.75. The lowest was 2.11. And the median was 5.18.


ROCO:4549's 5-Year Yield-on-Cost % is ranked better than
54.25% of 1366 companies
in the Hardware industry
Industry Median: 2.7 vs ROCO:4549: 3.12

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

For the Scientific & Technical Instruments subindustry, FineTek 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.


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

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

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



FineTek 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 FineTek Co is calculated as

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

FineTek Co  (ROCO:4549) 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.


FineTek Co 5-Year Yield-on-Cost % Related Terms

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FineTek Co (ROCO:4549) Business Description

Traded in Other Exchanges
N/A
Address
No.16, Tzuchiang Street, Tucheng Industrial Park, New Taipei, TWN, 23678
FineTek Co Ltd manufactures, designs, and sells transmitters, point switches, and electronic terminals. Its products include point switches, level transmitters, flow measurements, grain monitoring systems, safety instruments, and digital meters among others. The company supplies industrial sensors as well as solutions for Process Automation, Flow Metering, Wireless Communication Technology, and Tank Gauging systems.

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