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Lite-On Technology (TPE:2301) 5-Year Yield-on-Cost % : 8.11 (As of May. 18, 2024)


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What is Lite-On Technology 5-Year Yield-on-Cost %?

Lite-On Technology's yield on cost for the quarter that ended in Mar. 2024 was 8.11.


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

TPE:2301' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 5.1   Med: 10.81   Max: 25.18
Current: 8.11


During the past 13 years, Lite-On Technology's highest Yield on Cost was 25.18. The lowest was 5.10. And the median was 10.81.


TPE:2301's 5-Year Yield-on-Cost % is ranked better than
83.17% of 1361 companies
in the Hardware industry
Industry Median: 2.74 vs TPE:2301: 8.11

Competitive Comparison of Lite-On Technology's 5-Year Yield-on-Cost %

For the Computer Hardware subindustry, Lite-On Technology'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.


Lite-On Technology's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

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

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



Lite-On Technology 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 Lite-On Technology is calculated as

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

Lite-On Technology  (TPE:2301) 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.


Lite-On Technology 5-Year Yield-on-Cost % Related Terms

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Lite-On Technology (TPE:2301) Business Description

Traded in Other Exchanges
N/A
Address
No. 392 Ruiguang Road, 22th Floor, Neihu, Taipei, TWN, 114
Lite-On Technology Corp is a computer storage device company that manufactures consumer electronics. Its products are segmented into optoelectronics, information & communication technologies, IoT & smart life applications, and automotive electronics. The main businesses include Research and development design, manufacturing and sales of key modules and system solutions for optoelectronics, cloud computing power management systems, EV chargers, energy management, LED packaging for lighting applications, IoT and networking applications, information technology, and consumer electronics.

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