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Mani (TSE:7730) 5-Year Yield-on-Cost % : 5.04 (As of May. 13, 2024)


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What is Mani 5-Year Yield-on-Cost %?

Mani's yield on cost for the quarter that ended in Feb. 2024 was 5.04.


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

TSE:7730' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.24   Med: 2.89   Max: 5.4
Current: 5.04


During the past 13 years, Mani's highest Yield on Cost was 5.40. The lowest was 1.24. And the median was 2.89.


TSE:7730's 5-Year Yield-on-Cost % is ranked better than
77.35% of 309 companies
in the Medical Devices & Instruments industry
Industry Median: 2.2 vs TSE:7730: 5.04

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

For the Medical Instruments & Supplies subindustry, Mani'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.


Mani's 5-Year Yield-on-Cost % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Mani's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Mani 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 Mani is calculated as

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

Mani  (TSE:7730) 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.


Mani 5-Year Yield-on-Cost % Related Terms

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Mani (TSE:7730) Business Description

Traded in Other Exchanges
N/A
Address
8-3 Kogyodanchi, Tochigi, JPN
Mani, Inc. manufactures medical devices and dental instruments. It sells products in four categories: surgical instruments, ophthalmic instruments, suture needles, and dental instruments. Mani's surgical products include instruments such as staplers, vessel knives, and bone saws. Its ophthalmic instruments include a range of knives used during eye surgery and ophthalmic sutures. Mani's suture needles business includes a variety of taper point and cutting eyeless needles, which require suture attachment and sterilization by the customer, as well as stainless-steel eyed needles. The firm's dental instruments include endodontic instruments and accessories, root canal equipment, and finishing and polishing instruments.

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