GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Wetouch Technology Inc (NAS:WETH) » Definitions » 5-Year Yield-on-Cost %

Wetouch Technology (Wetouch Technology) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 05, 2024)


View and export this data going back to 1994. Start your Free Trial

What is Wetouch Technology 5-Year Yield-on-Cost %?

Wetouch Technology's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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



WETH's 5-Year Yield-on-Cost % is not ranked *
in the Real Estate industry.
Industry Median: 3.71
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Wetouch Technology's 5-Year Yield-on-Cost %

For the Real Estate Services subindustry, Wetouch 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.


Wetouch Technology's 5-Year Yield-on-Cost % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Wetouch Technology's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Wetouch 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 Wetouch Technology is calculated as

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

Wetouch Technology  (NAS:WETH) 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.


Wetouch Technology 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Wetouch Technology's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Wetouch Technology (Wetouch Technology) Business Description

Traded in Other Exchanges
N/A
Address
No. 29, Third Main Avenue, Shigao Town, Renshou County, Meishan, Sichuan, CHN, 620500
Wetouch Technology Inc is a touch panel supplier focused on R & D, production and sales of touch screen products. It offers touchscreens for a variety of applications, including GPS/car entertainment panels for automotive industry, industrial human-machine interface ("HMI"), financial and banking terminals, point of sale, lottery and gaming machines, smart home, robots and charging stations. The Company sells touchscreen products both domestically in China and internationally, covering majority areas in China, Taiwan, South Korea, and Germany.