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First Hi-Tec Co (ROCO:5439) 5-Year Yield-on-Cost % : 5.59 (As of May. 10, 2024)


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What is First Hi-Tec Co 5-Year Yield-on-Cost %?

First Hi-Tec Co's yield on cost for the quarter that ended in Dec. 2023 was 5.59.


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

ROCO:5439' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.71   Med: 9.05   Max: 31.19
Current: 5.59


During the past 13 years, First Hi-Tec Co's highest Yield on Cost was 31.19. The lowest was 3.71. And the median was 9.05.


ROCO:5439's 5-Year Yield-on-Cost % is ranked better than
74.12% of 1360 companies
in the Hardware industry
Industry Median: 2.765 vs ROCO:5439: 5.59

Competitive Comparison of First Hi-Tec Co's 5-Year Yield-on-Cost %

For the Electronic Components subindustry, First Hi-Tec 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.


First Hi-Tec Co's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

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

* The bar in red indicates where First Hi-Tec Co's 5-Year Yield-on-Cost % falls into.



First Hi-Tec 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 First Hi-Tec Co is calculated as

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

First Hi-Tec Co  (ROCO:5439) 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.


First Hi-Tec Co 5-Year Yield-on-Cost % Related Terms

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First Hi-Tec Co (ROCO:5439) Business Description

Traded in Other Exchanges
N/A
Address
No.3, Lane 43, Xingbang Road, Taoyuan District, Taoyuan City, TWN, 33068
First Hi-Tec Co Ltd engaged in manufacturing and trading of electronic products. Its products include rigid printed circuit board, personal computers, and computer peripherals. The company's products are used in Telecom, PC Peripheral, Automotive, Medical, Power and LED industries.

First Hi-Tec Co (ROCO:5439) Headlines

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