GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Tainan Spinning Co Ltd (TPE:1440) » Definitions » 5-Year Yield-on-Cost %

Tainan Spinning Co (TPE:1440) 5-Year Yield-on-Cost % : 2.83 (As of Jun. 25, 2024)


View and export this data going back to 1989. Start your Free Trial

What is Tainan Spinning Co 5-Year Yield-on-Cost %?

Tainan Spinning Co's yield on cost for the quarter that ended in Mar. 2024 was 2.83.


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

TPE:1440' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.94   Med: 3.17   Max: 7.77
Current: 2.83


During the past 13 years, Tainan Spinning Co's highest Yield on Cost was 7.77. The lowest was 0.94. And the median was 3.17.


TPE:1440's 5-Year Yield-on-Cost % is ranked better than
51.92% of 547 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.61 vs TPE:1440: 2.83

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

For the Textile Manufacturing subindustry, Tainan Spinning 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.


Tainan Spinning Co's 5-Year Yield-on-Cost % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Tainan Spinning Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Tainan Spinning 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 Tainan Spinning Co is calculated as

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

Tainan Spinning Co  (TPE:1440) 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.


Tainan Spinning Co 5-Year Yield-on-Cost % Related Terms

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


Tainan Spinning Co (TPE:1440) Business Description

Traded in Other Exchanges
N/A
Address
No. 398, , Zhonghua East Road, 10th Floor, Section 1, East District, Tainan, TWN
Tainan Spinning Co Ltd is a Taiwan-based company that is principally engaged in the manufacturing, processing, and sales of textile products. The company's products include yarn, polyester, polyester filament, pet granules (spinning), pet granules (bottle), processed yarn, and others. The company also operates a real estate business. The company generates the majority of its total revenue from textile products.

Tainan Spinning Co (TPE:1440) Headlines

No Headlines