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Promise Technology (TPE:3057) 5-Year Yield-on-Cost % : 0.00 (As of Apr. 14, 2025)


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What is Promise Technology 5-Year Yield-on-Cost %?

Promise Technology's yield on cost for the quarter that ended in Dec. 2024 was 0.00.


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


During the past 13 years, Promise Technology's highest Yield on Cost was 14.20. The lowest was 1.83. And the median was 6.59.


TPE:3057's 5-Year Yield-on-Cost % is not ranked *
in the Hardware industry.
Industry Median: 3.03
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Computer Hardware subindustry, Promise 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.


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

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

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


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Promise 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 Promise Technology is calculated as

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

Promise Technology  (TPE:3057) 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.


Promise Technology 5-Year Yield-on-Cost % Related Terms

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Promise Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 30, Industrial East 9th Road, 2nd Floor, Hsinchu Science Park, Hsinchu County, Hsinchu, TWN, 300096
Promise Technology Inc is a developer of open storage platforms, designed for the data centre, surveillance, cloud, and rich media markets. Its product portfolio comprises VTrak, Vess, Pegasus, and SANlink. In addition, the company offers solutions, including consumer/IoT, rich media, cloud, surveillance, and IT solutions, as well as professional services comprising warranties, onsite hardware replacement, training, and installation services. It offers computer storage equipment high -performance control cards and systems, computer high-performance network and graphics systems, multimedia software, and hardware kits and systems, and Products related to computer and telephone integration technology.

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