GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kyowa Leather Cloth Co Ltd (TSE:3553) » Definitions » 5-Year Yield-on-Cost %

Kyowa Leather Cloth Co (TSE:3553) 5-Year Yield-on-Cost % : 3.63 (As of May. 27, 2024)


View and export this data going back to 1961. Start your Free Trial

What is Kyowa Leather Cloth Co 5-Year Yield-on-Cost %?

Kyowa Leather Cloth Co's yield on cost for the quarter that ended in Dec. 2023 was 3.63.


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

TSE:3553' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.09   Med: 2.92   Max: 4.92
Current: 3.63


During the past 13 years, Kyowa Leather Cloth Co's highest Yield on Cost was 4.92. The lowest was 1.09. And the median was 2.92.


TSE:3553's 5-Year Yield-on-Cost % is ranked better than
65.78% of 1052 companies
in the Chemicals industry
Industry Median: 2.33 vs TSE:3553: 3.63

Competitive Comparison of Kyowa Leather Cloth Co's 5-Year Yield-on-Cost %

For the Chemicals subindustry, Kyowa Leather Cloth 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.


Kyowa Leather Cloth Co's 5-Year Yield-on-Cost % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kyowa Leather Cloth Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Kyowa Leather Cloth 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 Kyowa Leather Cloth Co is calculated as

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

Kyowa Leather Cloth Co  (TSE:3553) 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.


Kyowa Leather Cloth Co 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Kyowa Leather Cloth Co's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Kyowa Leather Cloth Co (TSE:3553) Business Description

Traded in Other Exchanges
N/A
Address
1876 Higashi-machi, Minami-ku, Shizuoka Prefecture, Hamamatsu, JPN, 30-8510
Kyowa Leather Cloth Co Ltd is a Japan-based chemical manufacturer. The company is mainly engaged in the manufacturing, processing, and sales of various synthetic resin products. It operates in Automotive, Housing and Fashion and lifestyle business divisions. Kyowa offers synthetic leather cover materials for automotive interiors, decorative products like wall covering paper or film, wood paneling for furniture, interior doors and walls, steel laminated decorative film, polyvinyl chloride (PVC) products consisting of handbags, shoes, and accessories.

Kyowa Leather Cloth Co (TSE:3553) Headlines

No Headlines