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FENG HSIN STEEL CO (TPE:2015) 5-Year Yield-on-Cost % : 5.78 (As of Jun. 23, 2024)


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What is FENG HSIN STEEL CO 5-Year Yield-on-Cost %?

FENG HSIN STEEL CO's yield on cost for the quarter that ended in Mar. 2024 was 5.78.


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

TPE:2015' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 4.22   Med: 7.34   Max: 16.98
Current: 5.78


During the past 13 years, FENG HSIN STEEL CO's highest Yield on Cost was 16.98. The lowest was 4.22. And the median was 7.34.


TPE:2015's 5-Year Yield-on-Cost % is ranked better than
66.38% of 348 companies
in the Steel industry
Industry Median: 3.42 vs TPE:2015: 5.78

Competitive Comparison of FENG HSIN STEEL CO's 5-Year Yield-on-Cost %

For the Steel subindustry, FENG HSIN STEEL 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.


FENG HSIN STEEL CO's 5-Year Yield-on-Cost % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, FENG HSIN STEEL CO's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where FENG HSIN STEEL CO's 5-Year Yield-on-Cost % falls into.



FENG HSIN STEEL 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 FENG HSIN STEEL CO is calculated as

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

FENG HSIN STEEL CO  (TPE:2015) 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.


FENG HSIN STEEL CO 5-Year Yield-on-Cost % Related Terms

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FENG HSIN STEEL CO (TPE:2015) Business Description

Traded in Other Exchanges
N/A
Address
No. 998, Jiahou Road, Section 1, Houli district, Taichung, TWN, 421
FENG HSIN STEEL CO LTD is a company that is primarily engaged in the manufacturing and processing of angle irons, steel channels, flat structural frames, and shafts. These products are used in a wide range of applications, including bridge-building, structural uses for power transmission towers, assembling frames for machinery, shipbuilding, oil storage containers, mechanical constructions, woodworking machinery, lock components, machine parts, hand tools, piping components, auto-transmission parts, civil construction, and tunnel construction. The company generates most of its revenue from the Taiwan market.

FENG HSIN STEEL CO (TPE:2015) Headlines

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