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Ways Electron Co (SHSE:605218) 5-Year Yield-on-Cost % : 1.66 (As of Jun. 22, 2024)


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What is Ways Electron Co 5-Year Yield-on-Cost %?

Ways Electron Co's yield on cost for the quarter that ended in Mar. 2024 was 1.66.


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

SHSE:605218' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.29   Med: 0.7   Max: 1.67
Current: 1.66


During the past 8 years, Ways Electron Co's highest Yield on Cost was 1.67. The lowest was 0.29. And the median was 0.70.


SHSE:605218's 5-Year Yield-on-Cost % is ranked worse than
63.75% of 1393 companies
in the Hardware industry
Industry Median: 2.57 vs SHSE:605218: 1.66

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

For the Electronic Components subindustry, Ways Electron 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.


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

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

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



Ways Electron 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 Ways Electron Co is calculated as

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

Ways Electron Co  (SHSE:605218) 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.


Ways Electron Co 5-Year Yield-on-Cost % Related Terms

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Ways Electron Co (SHSE:605218) Business Description

Traded in Other Exchanges
N/A
Address
299 Yunque Road, Precision Machinery Industrial Park, Kunshan Development Zone, Jiangsu Province, Kunshan, CHN, 215300
Ways Electron Co Ltd is engaged in production and sales of backlight display modules, liquid crystal display modules and other products. The company specializes in the research & development, designing, manufacturing and sales area which focus on the products such as Backlight module, Liquid crystal module, Touch screen, related hardware parts and Rubber rollers of OA equipment such as printer.
Executives
Director

Ways Electron Co (SHSE:605218) Headlines

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