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Minox International Group Bhd (XKLS:0288) 5-Year Yield-on-Cost % : 2.00 (As of Jun. 22, 2024)


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What is Minox International Group Bhd 5-Year Yield-on-Cost %?

Minox International Group Bhd's yield on cost for the quarter that ended in Dec. 2023 was 2.00.


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

XKLS:0288' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 2.04
Current: 2


During the past 5 years, Minox International Group Bhd's highest Yield on Cost was 2.04. The lowest was 0.00. And the median was 0.00.


XKLS:0288's 5-Year Yield-on-Cost % is ranked worse than
66.95% of 348 companies
in the Steel industry
Industry Median: 3.42 vs XKLS:0288: 2.00

Competitive Comparison of Minox International Group Bhd's 5-Year Yield-on-Cost %

For the Steel subindustry, Minox International Group Bhd'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.


Minox International Group Bhd's 5-Year Yield-on-Cost % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Minox International Group Bhd's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Minox International Group Bhd 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 Minox International Group Bhd is calculated as

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

Minox International Group Bhd  (XKLS:0288) 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.


Minox International Group Bhd 5-Year Yield-on-Cost % Related Terms

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Minox International Group Bhd (XKLS:0288) Business Description

Traded in Other Exchanges
N/A
Address
3, Jalan Industri PBP 11, Taman Industri Pusat Bandar Puchong, Puchong, SGR, MYS, 47100
Minox International Group Bhd is principally an investment holding company. It is involved in the distribution of stainless steel sanitary valves, tubes & fittings, installation components & equipment, rubber hoses under its MINOX brand and other related products.

Minox International Group Bhd (XKLS:0288) Headlines

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