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Thye Ming Industrial Co (TPE:9927) 5-Year Yield-on-Cost % : 8.31 (As of Jun. 17, 2024)


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What is Thye Ming Industrial Co 5-Year Yield-on-Cost %?

Thye Ming Industrial Co's yield on cost for the quarter that ended in Mar. 2024 was 8.31.


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

TPE:9927' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 4.81   Med: 10.36   Max: 31.31
Current: 8.31


During the past 13 years, Thye Ming Industrial Co's highest Yield on Cost was 31.31. The lowest was 4.81. And the median was 10.36.


TPE:9927's 5-Year Yield-on-Cost % is ranked better than
80.39% of 311 companies
in the Metals & Mining industry
Industry Median: 3.1 vs TPE:9927: 8.31

Competitive Comparison of Thye Ming Industrial Co's 5-Year Yield-on-Cost %

For the Other Industrial Metals & Mining subindustry, Thye Ming Industrial 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.


Thye Ming Industrial Co's 5-Year Yield-on-Cost % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Thye Ming Industrial Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Thye Ming Industrial 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 Thye Ming Industrial Co is calculated as

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

Thye Ming Industrial Co  (TPE:9927) 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.


Thye Ming Industrial Co 5-Year Yield-on-Cost % Related Terms

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Thye Ming Industrial Co (TPE:9927) Business Description

Traded in Other Exchanges
N/A
Address
No. 6, Chu Kuang 3 Street, Tafa Industiral Area, Kaohsiung, TWN
Thye Ming Industrial Co Ltd manufactures and sells the following products: lead antimony alloy, lead calcium alloy, yellow and red lead. The company also provides general business waste recycling and regeneration services.

Thye Ming Industrial Co (TPE:9927) Headlines

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