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Tanabe Engineering (TSE:1828) 5-Year Yield-on-Cost % : 12.58 (As of May. 15, 2024)


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What is Tanabe Engineering 5-Year Yield-on-Cost %?

Tanabe Engineering's yield on cost for the quarter that ended in Dec. 2023 was 12.58.


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

TSE:1828' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.45   Med: 4.9   Max: 12.58
Current: 12.58


During the past 13 years, Tanabe Engineering's highest Yield on Cost was 12.58. The lowest was 2.45. And the median was 4.90.


TSE:1828's 5-Year Yield-on-Cost % is ranked better than
92.43% of 964 companies
in the Construction industry
Industry Median: 3.21 vs TSE:1828: 12.58

Competitive Comparison of Tanabe Engineering's 5-Year Yield-on-Cost %

For the Engineering & Construction subindustry, Tanabe Engineering'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.


Tanabe Engineering's 5-Year Yield-on-Cost % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Tanabe Engineering's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Tanabe Engineering's 5-Year Yield-on-Cost % falls into.



Tanabe Engineering 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 Tanabe Engineering is calculated as

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

Tanabe Engineering  (TSE:1828) 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.


Tanabe Engineering 5-Year Yield-on-Cost % Related Terms

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Tanabe Engineering (TSE:1828) Business Description

Traded in Other Exchanges
N/A
Address
20, Fukuda, Zyouetsu, JPN, 942-0032
Tanabe Engineering Corp is mainly engaged in the facility construction works. It constructs plant facilities for electronic materials, food and drug metals and constructs public environmental facilities.

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