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Kikukawa Enterprise (TSE:6346) 5-Year Yield-on-Cost % : 8.83 (As of Jun. 03, 2024)


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What is Kikukawa Enterprise 5-Year Yield-on-Cost %?

Kikukawa Enterprise's yield on cost for the quarter that ended in Dec. 2023 was 8.83.


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

TSE:6346' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.11   Med: 5.06   Max: 10.55
Current: 8.83


During the past 13 years, Kikukawa Enterprise's highest Yield on Cost was 10.55. The lowest was 1.11. And the median was 5.06.


TSE:6346's 5-Year Yield-on-Cost % is ranked better than
91.86% of 1880 companies
in the Industrial Products industry
Industry Median: 2.08 vs TSE:6346: 8.83

Competitive Comparison of Kikukawa Enterprise's 5-Year Yield-on-Cost %

For the Specialty Industrial Machinery subindustry, Kikukawa Enterprise'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.


Kikukawa Enterprise's 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

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

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



Kikukawa Enterprise 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 Kikukawa Enterprise is calculated as

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

Kikukawa Enterprise  (TSE:6346) 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.


Kikukawa Enterprise 5-Year Yield-on-Cost % Related Terms

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Kikukawa Enterprise (TSE:6346) Business Description

Traded in Other Exchanges
N/A
Address
85 Ominato-cho, Ise, Mie Prefecture, JPN
Kikukawa Enterprise Inc is a Japan-based company engages in the manufacture and sale of woodworking equipment and machine tools. Its products include sawmilling machinery, machine tools for processing iron and non-ferrous metals, and machines for fabricating synthetic resin products.

Kikukawa Enterprise (TSE:6346) Headlines

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