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Artience Co (TSE:4634) 5-Year Yield-on-Cost % : 4.50 (As of May. 05, 2024)


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What is Artience Co 5-Year Yield-on-Cost %?

Artience Co's yield on cost for the quarter that ended in Dec. 2023 was 4.50.


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

TSE:4634' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.37   Med: 4.86   Max: 7.93
Current: 4.5


During the past 13 years, Artience Co's highest Yield on Cost was 7.93. The lowest was 2.37. And the median was 4.86.


TSE:4634's 5-Year Yield-on-Cost % is ranked better than
72.23% of 1048 companies
in the Chemicals industry
Industry Median: 2.32 vs TSE:4634: 4.50

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

For the Specialty Chemicals subindustry, Artience 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.


Artience Co's 5-Year Yield-on-Cost % Distribution in the Chemicals Industry

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

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



Artience 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 Artience Co is calculated as

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

Artience Co  (TSE:4634) 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.


Artience Co 5-Year Yield-on-Cost % Related Terms

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Artience Co (TSE:4634) Business Description

Traded in Other Exchanges
Address
3-13 Kyobashi 2-chome, Chuo-ku, Tokyo, JPN, 104-8377
Artience Co Ltd is a holding company whose subsidiaries manufacture and sell a variety of chemicals and inks. The firm organizes itself into various segments based on product type. The printing and information segment, which generates the Most revenue, sells printing inks used for ink-jet printers, newspapers, magazines, and other printed materials. The colorants and functional materials segment sells pigments, plastic colorants, and liquid crystal display color filter materials. The polymers and coatings segments sells coatings, adhesives, plastic resins, and can coatings. The packaging materials segment sells packaging inks used for food and consumer goods packaging. Most of Toyo Ink's revenue comes from Japan.

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