GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Shin Shin Natural Gas Co Ltd (TPE:9918) » Definitions » 5-Year Yield-on-Cost %

Shin Shin Natural Gas Co (TPE:9918) 5-Year Yield-on-Cost % : 2.53 (As of May. 25, 2024)


View and export this data going back to 1994. Start your Free Trial

What is Shin Shin Natural Gas Co 5-Year Yield-on-Cost %?

Shin Shin Natural Gas Co's yield on cost for the quarter that ended in Mar. 2024 was 2.53.


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

TPE:9918' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.51   Med: 3.81   Max: 7.67
Current: 2.53


During the past 13 years, Shin Shin Natural Gas Co's highest Yield on Cost was 7.67. The lowest was 2.51. And the median was 3.81.


TPE:9918's 5-Year Yield-on-Cost % is ranked worse than
73.24% of 426 companies
in the Utilities - Regulated industry
Industry Median: 4.53 vs TPE:9918: 2.53

Competitive Comparison of Shin Shin Natural Gas Co's 5-Year Yield-on-Cost %

For the Utilities - Regulated Gas subindustry, Shin Shin Natural Gas 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.


Shin Shin Natural Gas Co's 5-Year Yield-on-Cost % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Shin Shin Natural Gas Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Shin Shin Natural Gas 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 Shin Shin Natural Gas Co is calculated as

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

Shin Shin Natural Gas Co  (TPE:9918) 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.


Shin Shin Natural Gas Co 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Shin Shin Natural Gas Co's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Shin Shin Natural Gas Co (TPE:9918) Business Description

Traded in Other Exchanges
N/A
Address
No. 100, Section 1, Yonghe Road, Yonghe District, Taipei, TWN
Shin Shin Natural Gas Co Ltd is a Taiwan-based company engaged in the transmission of combustible natural gas by pipeline for non-industrial fuel supply, the installation of gas pipeline construction, and other related natural gas industry and affiliated businesses. The company mainly operates in two segments which are the Gas sales segment mainly responsible for the supply of natural gas to customers through pipelines and the Installation segment mainly responsible for the installation of natural gas transmission pipelines and gas safety equipment.

Shin Shin Natural Gas Co (TPE:9918) Headlines

No Headlines