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Samick Musical Instruments Co (XKRX:002450) 5-Year Yield-on-Cost % : 3.82 (As of May. 16, 2024)


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What is Samick Musical Instruments Co 5-Year Yield-on-Cost %?

Samick Musical Instruments Co's yield on cost for the quarter that ended in Dec. 2023 was 3.82.


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

XKRX:002450' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.96   Med: 2.63   Max: 4.86
Current: 3.82


During the past 13 years, Samick Musical Instruments Co's highest Yield on Cost was 4.86. The lowest was 0.96. And the median was 2.63.


XKRX:002450's 5-Year Yield-on-Cost % is ranked better than
60.29% of 1360 companies
in the Hardware industry
Industry Median: 2.715 vs XKRX:002450: 3.82

Competitive Comparison of Samick Musical Instruments Co's 5-Year Yield-on-Cost %

For the Electronic Components subindustry, Samick Musical Instruments 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.


Samick Musical Instruments Co's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Samick Musical Instruments Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Samick Musical Instruments 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 Samick Musical Instruments Co is calculated as

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

Samick Musical Instruments Co  (XKRX:002450) 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.


Samick Musical Instruments Co 5-Year Yield-on-Cost % Related Terms

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Samick Musical Instruments Co (XKRX:002450) Business Description

Traded in Other Exchanges
N/A
Address
1-6, Daejang-Ri, Soi-myeon, Eumseong-gun, Chungcheongbuk-do, KOR, 369-872
Samick Musical Instruments Co Ltd manufactures and sells musical instruments in South Korea. The company offers upright, grand, and digital pianos; and acoustic and electric guitars. It also provides other music instruments, including strings, such as violins, guitar and bass amplifiers, and cellos; wind instruments comprising amplifiers, flutes, trumpets, saxophones, clarinets, ocarinas, and harmonicas; percussion products covering drums; music stands; tuners; musical instruments for kids; metronomes; and P.A systems.

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