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Gloria Material Technology (ROCO:5009) 5-Year Yield-on-Cost % : 9.70 (As of Jun. 10, 2024)


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What is Gloria Material Technology 5-Year Yield-on-Cost %?

Gloria Material Technology's yield on cost for the quarter that ended in Mar. 2024 was 9.70.


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

ROCO:5009' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.02   Med: 6.46   Max: 12.01
Current: 9.7


During the past 13 years, Gloria Material Technology's highest Yield on Cost was 12.01. The lowest was 3.02. And the median was 6.46.


ROCO:5009's 5-Year Yield-on-Cost % is ranked better than
81.2% of 351 companies
in the Steel industry
Industry Median: 3.45 vs ROCO:5009: 9.70

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

For the Steel subindustry, Gloria Material 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.


Gloria Material Technology's 5-Year Yield-on-Cost % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Gloria Material Technology's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Gloria Material 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 Gloria Material Technology is calculated as

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

Gloria Material Technology  (ROCO:5009) 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.


Gloria Material Technology 5-Year Yield-on-Cost % Related Terms

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Gloria Material Technology (ROCO:5009) Business Description

Traded in Other Exchanges
N/A
Address
No. 35 Xinzhong Road, Xinying District, Tainan, TWN
Gloria Material Technology Corp is mainly engaged in the production and sale of special steel, carbon steel, alloy steel, super alloy and smelting of the raw materials of these products. GMTC provides various quality materials at such as Superalloy, Titanium Alloy, High Speed Steel, Tool Steel, Stainless Steel, various ESR, VAR materials and Quenched-Tempered Steel and has various steel grades. Its product shapes are focused on Round bars and Square bars. The company's products include cold work tool steel, hot work tool steel, and carbon tool steel.

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