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Cluster Technology Co (TSE:4240) 5-Year Yield-on-Cost % : 0.00 (As of May. 22, 2024)


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What is Cluster Technology Co 5-Year Yield-on-Cost %?

Cluster Technology Co's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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



TSE:4240's 5-Year Yield-on-Cost % is not ranked *
in the Hardware industry.
Industry Median: 2.71
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Cluster Technology Co's 5-Year Yield-on-Cost %

For the Electronic Components subindustry, Cluster Technology 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.


Cluster Technology Co's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

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

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



Cluster Technology 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 Cluster Technology Co is calculated as

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

Cluster Technology Co  (TSE:4240) 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.


Cluster Technology Co 5-Year Yield-on-Cost % Related Terms

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Cluster Technology Co (TSE:4240) Business Description

Traded in Other Exchanges
N/A
Address
5-28, 4-chome, Shibukawa-cho Higashi Osaka, Osaka prefecture, Osaka, JPN, 577-0836
Cluster Technology Co Ltd develops and manufactures composite materials and Nano-micromachining including metal mold making. It also manufactures and sale molding dies, plastic molding materials. Its nanotechnology/microtechnology business products include sensor holders for autofocus of digital single lens reflex cameras, peripheral parts of image sensors, base parts of inkjet heads.

Cluster Technology Co (TSE:4240) Headlines

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