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United Renewable Energy Co (TPE:3576) 5-Year Yield-on-Cost % : 0.81 (As of May. 20, 2024)


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What is United Renewable Energy Co 5-Year Yield-on-Cost %?

United Renewable Energy Co's yield on cost for the quarter that ended in Mar. 2024 was 0.81.


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

TPE:3576' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.66   Med: 1.03   Max: 1.96
Current: 0.81


During the past 13 years, United Renewable Energy Co's highest Yield on Cost was 1.96. The lowest was 0.66. And the median was 1.03.


TPE:3576's 5-Year Yield-on-Cost % is ranked worse than
72.22% of 540 companies
in the Semiconductors industry
Industry Median: 1.825 vs TPE:3576: 0.81

Competitive Comparison of United Renewable Energy Co's 5-Year Yield-on-Cost %

For the Solar subindustry, United Renewable Energy 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.


United Renewable Energy Co's 5-Year Yield-on-Cost % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, United Renewable Energy Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



United Renewable Energy 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 United Renewable Energy Co is calculated as

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

United Renewable Energy Co  (TPE:3576) 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.


United Renewable Energy Co 5-Year Yield-on-Cost % Related Terms

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United Renewable Energy Co (TPE:3576) Business Description

Traded in Other Exchanges
N/A
Address
No. 7, Lixing 3rd Road, Hsinchu Science Park, Hsinchu, TWN, 30078
United Renewable Energy Co Ltd manufactures solar cells and modules. The company's solar cell offerings provide specified reverse current, shunt resistance, minimum power loss rate, low breakage rates, and several other benefits. Its modules are built to meet various international certifications, in addition to many different conditions. Bifacial solar cell products are built to take advantage of both vertical and horizontal installations and can be utilized in adverse environments. The company produces other lines of solar cell products that can take advantage of more residential or commercial applications and deliver customized solutions.

United Renewable Energy Co (TPE:3576) Headlines

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