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Mingteng International (Mingteng International) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 23, 2024)


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What is Mingteng International 5-Year Yield-on-Cost %?

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


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



MTEN's 5-Year Yield-on-Cost % is not ranked *
in the Industrial Products industry.
Industry Median: 2.13
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Mingteng International's 5-Year Yield-on-Cost %

For the Metal Fabrication subindustry, Mingteng International'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.


Mingteng International's 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mingteng International's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Mingteng International 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 Mingteng International is calculated as

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

Mingteng International  (NAS:MTEN) 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.


Mingteng International 5-Year Yield-on-Cost % Related Terms

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Mingteng International (Mingteng International) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Lvhua Village, Luoshe Town, Huishan District, Jiangsu Province, Wuxi, CHN, 214189
Website
Mingteng International Corp Inc operates as an automotive mold developer and supplier in China. It provides a wide range of products including casting molds for turbocharger systems, braking systems, steering and differential system, and other automotive system parts. Besides, it also produces molds for new energy electric vehicle motor drive systems, battery pack systems, and engineering hydraulic components, which are widely used in automobile, construction machinery, and other manufacturing industries.

Mingteng International (Mingteng International) Headlines