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Shinto Co (TSE:5380) 5-Year Yield-on-Cost % : 2.39 (As of May. 21, 2024)


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

Shinto Co's yield on cost for the quarter that ended in Mar. 2024 was 2.39.


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

TSE:5380' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.33   Med: 3.36   Max: 4.68
Current: 2.39


During the past 13 years, Shinto Co's highest Yield on Cost was 4.68. The lowest was 1.33. And the median was 3.36.


TSE:5380's 5-Year Yield-on-Cost % is ranked worse than
61.87% of 965 companies
in the Construction industry
Industry Median: 3.19 vs TSE:5380: 2.39

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

For the Building Products & Equipment subindustry, Shinto 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.


Shinto Co's 5-Year Yield-on-Cost % Distribution in the Construction Industry

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

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



Shinto 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 Shinto Co is calculated as

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

Shinto Co  (TSE:5380) 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.


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

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Shinto Co (TSE:5380) Business Description

Traded in Other Exchanges
Address
4-7-2 Ronchi-cho, Aichi, Takahama, JPN, 444-1314
Shinto Co Ltd manufactures and sells ceramic roof tiles. The company imports and exports roof materials and provides engineering work as well. The firm focuses on developing new materials for Japanese and western-style roof tiles and operates in Japan.

Shinto Co (TSE:5380) Headlines

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