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Test Research (TPE:3030) 5-Year Yield-on-Cost % : 3.35 (As of May. 28, 2024)


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What is Test Research 5-Year Yield-on-Cost %?

Test Research's yield on cost for the quarter that ended in Mar. 2024 was 3.35.


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

TPE:3030' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.35   Med: 8.52   Max: 17.43
Current: 3.35


During the past 13 years, Test Research's highest Yield on Cost was 17.43. The lowest was 3.35. And the median was 8.52.


TPE:3030's 5-Year Yield-on-Cost % is ranked better than
57.39% of 1366 companies
in the Hardware industry
Industry Median: 2.7 vs TPE:3030: 3.35

Competitive Comparison of Test Research's 5-Year Yield-on-Cost %

For the Scientific & Technical Instruments subindustry, Test Research'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.


Test Research's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

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

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



Test Research 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 Test Research is calculated as

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

Test Research  (TPE:3030) 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.


Test Research 5-Year Yield-on-Cost % Related Terms

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Test Research (TPE:3030) Business Description

Traded in Other Exchanges
N/A
Address
No. 45, Dexing W. Road, 7th Floor, Shilin District, Taipei, TWN, 11158
Test Research Inc designs testing equipment for industrial applications. The firm focuses on the design, assembly, manufacture, sales, repair, and maintenance of automated inspection and testing equipment. The firm receives a significant proportion of revenue from China and Taiwan.

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