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Hon Hai Precision Industry Co (TPE:2317) 5-Year Yield-on-Cost % : 6.35 (As of May. 01, 2024)


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What is Hon Hai Precision Industry Co 5-Year Yield-on-Cost %?

Hon Hai Precision Industry Co's yield on cost for the quarter that ended in Dec. 2023 was 6.35.


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

TPE:2317' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.26   Med: 7.39   Max: 17.14
Current: 6.35


During the past 13 years, Hon Hai Precision Industry Co's highest Yield on Cost was 17.14. The lowest was 2.26. And the median was 7.39.


TPE:2317's 5-Year Yield-on-Cost % is ranked better than
77.32% of 1358 companies
in the Hardware industry
Industry Median: 2.825 vs TPE:2317: 6.35

Competitive Comparison of Hon Hai Precision Industry Co's 5-Year Yield-on-Cost %

For the Electronic Components subindustry, Hon Hai Precision Industry 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.


Hon Hai Precision Industry Co's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hon Hai Precision Industry Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Hon Hai Precision Industry 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 Hon Hai Precision Industry Co is calculated as

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

Hon Hai Precision Industry Co  (TPE:2317) 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.


Hon Hai Precision Industry Co 5-Year Yield-on-Cost % Related Terms

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Hon Hai Precision Industry Co (TPE:2317) Business Description

Traded in Other Exchanges
Address
No.2, Zihyou Street, Tucheng District, New Taipei, TWN, 236
Hon Hai Precision is the world's largest contract manufacturer of consumer electronics, communications, and computer products. It is the biggest supplier to Apple, whose business accounted for 55% of overall revenue in 2022. Hon Hai is also involved in the production of upstream components such as electronic connectors, semiconductor packaging, and metal casings for smartphones. These upstream activities are mainly conducted through its listed majority-owned subsidiaries Foxconn Industrial Internet and FIH Mobile. In response to its traditional end markets of computers, smartphones, and telecom equipment maturing in 2019 it started on a strategy to develop expertise in three new growth areas—electric vehicles, digital health, and robotics.

Hon Hai Precision Industry Co (TPE:2317) Headlines

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