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Airtech Japan (TSE:6291) 5-Year Yield-on-Cost % : 15.94 (As of May. 11, 2024)


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What is Airtech Japan 5-Year Yield-on-Cost %?

Airtech Japan's yield on cost for the quarter that ended in Dec. 2023 was 15.94.


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

TSE:6291' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.52   Med: 6.57   Max: 16.71
Current: 15.94


During the past 13 years, Airtech Japan's highest Yield on Cost was 16.71. The lowest was 2.52. And the median was 6.57.


TSE:6291's 5-Year Yield-on-Cost % is ranked better than
96.93% of 1854 companies
in the Industrial Products industry
Industry Median: 2.01 vs TSE:6291: 15.94

Competitive Comparison of Airtech Japan's 5-Year Yield-on-Cost %

For the Pollution & Treatment Controls subindustry, Airtech Japan'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.


Airtech Japan's 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Airtech Japan's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Airtech Japan 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 Airtech Japan is calculated as

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

Airtech Japan  (TSE:6291) 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.


Airtech Japan 5-Year Yield-on-Cost % Related Terms

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Airtech Japan (TSE:6291) Business Description

Traded in Other Exchanges
N/A
Address
No. 14, Iriya 1 - chome, Taito-ku, Tokyo, JPN, 110-8686
Airtech Japan Ltd is engaged as a manufacturer of clean air system, manufacture and sell clean room, clean bench, and biohazard system. The products of the company include sterile operating room, dust removal air shower, double air shower, and air knife type pass box.

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