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Morishita Jintan Co (TSE:4524) 5-Year Yield-on-Cost % : 2.38 (As of May. 21, 2024)


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What is Morishita Jintan Co 5-Year Yield-on-Cost %?

Morishita Jintan Co's yield on cost for the quarter that ended in Dec. 2023 was 2.38.


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

TSE:4524' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.5   Med: 1.61   Max: 2.38
Current: 2.38


During the past 13 years, Morishita Jintan Co's highest Yield on Cost was 2.38. The lowest was 0.50. And the median was 1.61.


TSE:4524's 5-Year Yield-on-Cost % is ranked better than
53.89% of 501 companies
in the Drug Manufacturers industry
Industry Median: 2.08 vs TSE:4524: 2.38

Competitive Comparison of Morishita Jintan Co's 5-Year Yield-on-Cost %

For the Drug Manufacturers - Specialty & Generic subindustry, Morishita Jintan 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.


Morishita Jintan Co's 5-Year Yield-on-Cost % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Morishita Jintan Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Morishita Jintan 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 Morishita Jintan Co is calculated as

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

Morishita Jintan Co  (TSE:4524) 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.


Morishita Jintan Co 5-Year Yield-on-Cost % Related Terms

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Morishita Jintan Co (TSE:4524) Business Description

Traded in Other Exchanges
N/A
Address
1-2-40, Tamatsukuri, Chuo-Ku, Osaka-shi, Osaka, JPN, 540-8566
Morishita Jintan Co Ltd is engaged in the manufacturing and sale of pharmaceuticals, quasi-drugs, medical devices, and food. The company's product offerings include dietary supplements, food drinks, cosmetics, products for the medical institution, functional foods, and others.

Morishita Jintan Co (TSE:4524) Headlines

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