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Asia Optical Co (TPE:3019) 5-Year Yield-on-Cost % : 3.75 (As of May. 14, 2024)


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What is Asia Optical Co 5-Year Yield-on-Cost %?

Asia Optical Co's yield on cost for the quarter that ended in Mar. 2024 was 3.75.


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

TPE:3019' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.91   Med: 3.37   Max: 10.39
Current: 3.75


During the past 13 years, Asia Optical Co's highest Yield on Cost was 10.39. The lowest was 0.91. And the median was 3.37.


TPE:3019's 5-Year Yield-on-Cost % is ranked better than
59.28% of 1363 companies
in the Hardware industry
Industry Median: 2.78 vs TPE:3019: 3.75

Competitive Comparison of Asia Optical Co's 5-Year Yield-on-Cost %

For the Electronic Components subindustry, Asia Optical 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.


Asia Optical Co's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

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

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



Asia Optical 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 Asia Optical Co is calculated as

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

Asia Optical Co  (TPE:3019) 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.


Asia Optical Co 5-Year Yield-on-Cost % Related Terms

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Asia Optical Co (TPE:3019) Business Description

Traded in Other Exchanges
N/A
Address
No. 22-3, South 2nd Road, Tanzi District, Taichung, TWN, 427058
Asia Optical Co Inc is engaged in the manufacturing and sale of optical components. The company provides optical lenses, precision glass molding lenses, aiming devices, imaging intercepting telescope parts, laser range finder parts, digital video disk (DVD) components, microscope components, and other products. Geographically the company distributes its products in Taiwan, Japan, other Asian markets, and the United States.

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