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Solid Year Co (ROCO:6737) 5-Year Yield-on-Cost % : 3.55 (As of May. 22, 2024)


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What is Solid Year Co 5-Year Yield-on-Cost %?

Solid Year Co's yield on cost for the quarter that ended in Dec. 2023 was 3.55.


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

ROCO:6737' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.31   Med: 4.32   Max: 13.16
Current: 3.55


During the past 8 years, Solid Year Co's highest Yield on Cost was 13.16. The lowest was 0.31. And the median was 4.32.


ROCO:6737's 5-Year Yield-on-Cost % is ranked better than
58.59% of 1362 companies
in the Hardware industry
Industry Median: 2.71 vs ROCO:6737: 3.55

Competitive Comparison of Solid Year Co's 5-Year Yield-on-Cost %

For the Computer Hardware subindustry, Solid Year 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.


Solid Year Co's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

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

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



Solid Year 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 Solid Year Co is calculated as

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

Solid Year Co  (ROCO:6737) 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.


Solid Year Co 5-Year Yield-on-Cost % Related Terms

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Solid Year Co (ROCO:6737) Business Description

Traded in Other Exchanges
N/A
Address
Xintai 5th Road, 18th Floor, No. 97, Section 1, Xizhi District, New Taipei City, Taipei, TWN
Solid Year Co Ltd is engaged in producing single-shot and double-shot plastic injection finished products from mold manufacturers specializing in mold design and manufacturing. The company's products are computer keyboard, USB network camera, USB network camera module, driving recorder, hunting machine, projector, gamepad, automotive electronics, in-car multimedia audio and video system, smart rear-view mirror, head-up display, iPhone Computer electronic peripheral products such as Car Box, infant network surveillance camera, among others.

Solid Year Co (ROCO:6737) Headlines

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