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Promate Solutions (ROCO:6577) 5-Year Yield-on-Cost % : 3.40 (As of May. 14, 2024)


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What is Promate Solutions 5-Year Yield-on-Cost %?

Promate Solutions's yield on cost for the quarter that ended in Dec. 2023 was 3.40.


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

ROCO:6577' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.96   Med: 6.74   Max: 15.88
Current: 3.4


During the past 10 years, Promate Solutions's highest Yield on Cost was 15.88. The lowest was 2.96. And the median was 6.74.


ROCO:6577's 5-Year Yield-on-Cost % is ranked better than
56.27% of 1363 companies
in the Hardware industry
Industry Median: 2.78 vs ROCO:6577: 3.40

Competitive Comparison of Promate Solutions's 5-Year Yield-on-Cost %

For the Electronic Components subindustry, Promate Solutions'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.


Promate Solutions's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

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

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



Promate Solutions 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 Promate Solutions is calculated as

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

Promate Solutions  (ROCO:6577) 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.


Promate Solutions 5-Year Yield-on-Cost % Related Terms

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Promate Solutions (ROCO:6577) Business Description

Traded in Other Exchanges
N/A
Address
Huanshan Road, 1st Floor, No. 30, Section 1, Neihu District, Taipei, TWN, 11442
Promate Solutions Corp is a Taiwan-based company engaged in the research and development and manufacture of medical touch screen displays, embedded control systems, special application and industrial displays, and research and development of application software and hardware.

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