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Tachia Yung Ho Machine Industry Co (ROCO:2221) 5-Year Yield-on-Cost % : 28.04 (As of May. 20, 2024)


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What is Tachia Yung Ho Machine Industry Co 5-Year Yield-on-Cost %?

Tachia Yung Ho Machine Industry Co's yield on cost for the quarter that ended in Mar. 2024 was 28.04.


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

ROCO:2221' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.48   Med: 9.77   Max: 28.04
Current: 28.04


During the past 13 years, Tachia Yung Ho Machine Industry Co's highest Yield on Cost was 28.04. The lowest was 2.48. And the median was 9.77.


ROCO:2221's 5-Year Yield-on-Cost % is ranked better than
96.62% of 355 companies
in the Steel industry
Industry Median: 3.44 vs ROCO:2221: 28.04

Competitive Comparison of Tachia Yung Ho Machine Industry Co's 5-Year Yield-on-Cost %

For the Steel subindustry, Tachia Yung Ho Machine Industry 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.


Tachia Yung Ho Machine Industry Co's 5-Year Yield-on-Cost % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Tachia Yung Ho Machine Industry Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Tachia Yung Ho Machine Industry Co's 5-Year Yield-on-Cost % falls into.



Tachia Yung Ho Machine Industry 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 Tachia Yung Ho Machine Industry Co is calculated as

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

Tachia Yung Ho Machine Industry Co  (ROCO:2221) 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.


Tachia Yung Ho Machine Industry Co 5-Year Yield-on-Cost % Related Terms

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Tachia Yung Ho Machine Industry Co (ROCO:2221) Business Description

Traded in Other Exchanges
N/A
Address
No.69 Youshi Road, Dajia, Taichung, TWN, 437
Tachia Yung Ho Machine Industry Co Ltd is engaged in the manufacture and distribution of stainless-steel welded pipe fittings and ultra-clean components. Its products include Stainless Steel Pipe and Tube, UHP Face Seal Fitting, Micro Fitting, and others.

Tachia Yung Ho Machine Industry Co (ROCO:2221) Headlines

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