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MJ International Co (TPE:8466) 5-Year Yield-on-Cost % : 0.50 (As of May. 24, 2024)


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What is MJ International Co 5-Year Yield-on-Cost %?

MJ International Co's yield on cost for the quarter that ended in Mar. 2024 was 0.50.


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

TPE:8466' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.27   Med: 1.22   Max: 2.47
Current: 0.5


During the past 11 years, MJ International Co's highest Yield on Cost was 2.47. The lowest was 0.27. And the median was 1.22.


TPE:8466's 5-Year Yield-on-Cost % is ranked worse than
91.85% of 969 companies
in the Construction industry
Industry Median: 3.18 vs TPE:8466: 0.50

Competitive Comparison of MJ International Co's 5-Year Yield-on-Cost %

For the Building Products & Equipment subindustry, MJ International 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.


MJ International Co's 5-Year Yield-on-Cost % Distribution in the Construction Industry

For the Construction industry and Industrials sector, MJ International Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



MJ International 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 MJ International Co is calculated as

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

MJ International Co  (TPE:8466) 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.


MJ International Co 5-Year Yield-on-Cost % Related Terms

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MJ International Co (TPE:8466) Business Description

Traded in Other Exchanges
N/A
Address
No.126, Danuan Road, Tucheng District, Taipei, TWN, 236
MJ International Co Ltd is engaged in the production and sale of LVT and SPC floors. It operates in two principal geographical areas, Mainland China and Taiwan. The company is also one of the main original equipment manufacturers for tile brands. Some of the company's products are Rigid Core, LVT Click, Non-PVC, and many more.

MJ International Co (TPE:8466) Headlines

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