GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » High Power Lighting Corp (ROCO:6559) » Definitions » 5-Year Yield-on-Cost %

High Power Lighting (ROCO:6559) 5-Year Yield-on-Cost % : 0.00 (As of Sep. 21, 2024)


View and export this data going back to 2015. Start your Free Trial

What is High Power Lighting 5-Year Yield-on-Cost %?

High Power Lighting's yield on cost for the quarter that ended in Jun. 2024 was 0.00.


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


During the past 11 years, High Power Lighting's highest Yield on Cost was 21.06. The lowest was 0.00. And the median was 6.63.


ROCO:6559's 5-Year Yield-on-Cost % is not ranked *
in the Industrial Products industry.
Industry Median: 2.25
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of High Power Lighting's 5-Year Yield-on-Cost %

For the Electrical Equipment & Parts subindustry, High Power Lighting'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.


High Power Lighting's 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

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

* The bar in red indicates where High Power Lighting's 5-Year Yield-on-Cost % falls into.



High Power Lighting 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 High Power Lighting is calculated as

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

High Power Lighting  (ROCO:6559) 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.


High Power Lighting 5-Year Yield-on-Cost % Related Terms

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


High Power Lighting Business Description

Traded in Other Exchanges
N/A
Address
Number 173-8, Yongfeng Road, 2nd Floor, Tu Cheng District, New Taipei City, Taipei, TWN, 236
High Power Lighting Corp is involved in packaging, manufacturing, and designing of LED products. The company offers LED Lighting, Specialty UV, and IR Lighting & Plant-Growth Lighting.

High Power Lighting Headlines

No Headlines