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United Nova Technology Co (SHSE:688469) 5-Year Yield-on-Cost % : 0.00 (As of May. 24, 2024)


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What is United Nova Technology Co 5-Year Yield-on-Cost %?

United Nova Technology Co's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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



SHSE:688469's 5-Year Yield-on-Cost % is not ranked *
in the Semiconductors industry.
Industry Median: 1.79
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of United Nova Technology Co's 5-Year Yield-on-Cost %

For the Semiconductors subindustry, United Nova Technology 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.


United Nova Technology Co's 5-Year Yield-on-Cost % Distribution in the Semiconductors Industry

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

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



United Nova Technology 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 United Nova Technology Co is calculated as

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

United Nova Technology Co  (SHSE:688469) 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.


United Nova Technology Co 5-Year Yield-on-Cost % Related Terms

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United Nova Technology Co (SHSE:688469) Business Description

Traded in Other Exchanges
N/A
Address
No. 518 Linjiang Road, Gaobu Street, Yuecheng District, Zhejiang Province, Shaoxing, CHN, 312000
United Nova Technology Co Ltd formerly Semiconductor Manufacturing Electronics (Shaoxing) Corp provides foundry services focusing on technology solutions for power, connection and sensor signal chains. On top of wafer foundry service, SMEC also extended its foundry service to module packages in order to support semiconductor companies with a one-stop solution. SMEC provides a complete manufacturing platform to support customer mass production as well as technology development.

United Nova Technology Co (SHSE:688469) Headlines

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