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Hokkan Holdings (TSE:5902) 5-Year Yield-on-Cost % : 5.86 (As of May. 26, 2024)


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What is Hokkan Holdings 5-Year Yield-on-Cost %?

Hokkan Holdings's yield on cost for the quarter that ended in Dec. 2023 was 5.86.


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

TSE:5902' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.54   Med: 3.05   Max: 5.86
Current: 5.86


During the past 13 years, Hokkan Holdings's highest Yield on Cost was 5.86. The lowest was 1.54. And the median was 3.05.


TSE:5902's 5-Year Yield-on-Cost % is ranked better than
78.4% of 250 companies
in the Packaging & Containers industry
Industry Median: 2.805 vs TSE:5902: 5.86

Competitive Comparison of Hokkan Holdings's 5-Year Yield-on-Cost %

For the Packaging & Containers subindustry, Hokkan Holdings'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.


Hokkan Holdings's 5-Year Yield-on-Cost % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Hokkan Holdings's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Hokkan Holdings 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 Hokkan Holdings is calculated as

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

Hokkan Holdings  (TSE:5902) 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.


Hokkan Holdings 5-Year Yield-on-Cost % Related Terms

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Hokkan Holdings (TSE:5902) Business Description

Traded in Other Exchanges
N/A
Address
2-2-2 Marunouchi, Marunouchi Mitsui Building, Chiyoda-ku, Tokyo, JPN, 100-0005
Hokkan Holdings Ltd is engaged in the packaging and container business. The company's division includes the Container business, Filling business, and Machinery production business, and Others. Container business includes containers for food and beverages. The filling business consists of containers for various drinks consignment filling, and the machinery production business involves the manufacturing of industrial equipment.

Hokkan Holdings (TSE:5902) Headlines

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