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Kinik Co (TPE:1560) 5-Year Yield-on-Cost % : 1.29 (As of Jun. 22, 2024)


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

Kinik Co's yield on cost for the quarter that ended in Mar. 2024 was 1.29.


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

TPE:1560' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.29   Med: 4.4   Max: 8.85
Current: 1.29


During the past 13 years, Kinik Co's highest Yield on Cost was 8.85. The lowest was 1.29. And the median was 4.40.


TPE:1560's 5-Year Yield-on-Cost % is ranked worse than
65.66% of 1922 companies
in the Industrial Products industry
Industry Median: 2.13 vs TPE:1560: 1.29

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

For the Specialty Industrial Machinery subindustry, Kinik 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.


Kinik Co's 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kinik Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Kinik 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 Kinik Co is calculated as

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

Kinik Co  (TPE:1560) 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.


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

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Kinik Co (TPE:1560) Business Description

Traded in Other Exchanges
N/A
Address
10, Yenping South Road, Taipei, TWN, 10043
Kinik is a Taiwan-based company that primarily manufactures and distributes grinding wheels, diamond tools, and reclaimed wafers. The company's products fall into three categories. The traditional product type comprises a wide range of grinding wheels used in machinery components, steelmaking, modules, semiconductor, glass manufacturing, and others. The diamond tool category comprises various blade products, cutters, diamond dressers, and other products, which are used in stone processing and semiconductor dressing applications. The wafer product category primarily consists of wafers resourced from monitor wafters and dummy wafers. Wafer reclamation helps lower costs of factory. Kinik generates the majority of its revenue from the Taiwan domestic market.

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