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Radiant Opto-Electronics (TPE:6176) 5-Year Yield-on-Cost % : 9.14 (As of Apr. 29, 2024)


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What is Radiant Opto-Electronics 5-Year Yield-on-Cost %?

Radiant Opto-Electronics's yield on cost for the quarter that ended in Mar. 2024 was 9.14.


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

TPE:6176' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 8.2   Med: 12.5   Max: 34.47
Current: 9.14


During the past 13 years, Radiant Opto-Electronics's highest Yield on Cost was 34.47. The lowest was 8.20. And the median was 12.50.


TPE:6176's 5-Year Yield-on-Cost % is ranked better than
85.91% of 1356 companies
in the Hardware industry
Industry Median: 2.825 vs TPE:6176: 9.14

Competitive Comparison of Radiant Opto-Electronics's 5-Year Yield-on-Cost %

For the Electronic Components subindustry, Radiant Opto-Electronics'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.


Radiant Opto-Electronics's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

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

* The bar in red indicates where Radiant Opto-Electronics's 5-Year Yield-on-Cost % falls into.



Radiant Opto-Electronics 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 Radiant Opto-Electronics is calculated as

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

Radiant Opto-Electronics  (TPE:6176) 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.


Radiant Opto-Electronics 5-Year Yield-on-Cost % Related Terms

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Radiant Opto-Electronics (TPE:6176) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Central 6th Road, Qianzhen District, Kaohsiung City, TWN
Radiant Opto-Electronics Corp is a Taiwan-based company that is principally engaged in designing, manufacturing, assembling, and marketing backlight modules. The Group has two reportable segments: the domestic segment and Mainland China segment. The domestic segment engages in the manufacture and sale of light guide plates, backlight modules for LCDs, and lighting component. The Mainland China segment uses the technologies provided by the domestic segment to develop new designs of products according to the demands of various customers. Majority of revenue is generated from Mainland China.

Radiant Opto-Electronics (TPE:6176) Headlines

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