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Mitsubishi Pencil Co (TSE:7976) 5-Year Yield-on-Cost % : 2.14 (As of May. 08, 2024)


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What is Mitsubishi Pencil Co 5-Year Yield-on-Cost %?

Mitsubishi Pencil Co's yield on cost for the quarter that ended in Mar. 2024 was 2.14.


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

TSE:7976' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.71   Med: 1.9   Max: 3.57
Current: 2.14


During the past 13 years, Mitsubishi Pencil Co's highest Yield on Cost was 3.57. The lowest was 0.71. And the median was 1.90.


TSE:7976's 5-Year Yield-on-Cost % is ranked better than
52% of 1852 companies
in the Industrial Products industry
Industry Median: 2.03 vs TSE:7976: 2.14

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

For the Business Equipment & Supplies subindustry, Mitsubishi Pencil 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.


Mitsubishi Pencil Co's 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

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

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



Mitsubishi Pencil 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 Mitsubishi Pencil Co is calculated as

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

Mitsubishi Pencil Co  (TSE:7976) 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.


Mitsubishi Pencil Co 5-Year Yield-on-Cost % Related Terms

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Mitsubishi Pencil Co (TSE:7976) Business Description

Traded in Other Exchanges
Address
5-23-37, Higashi-ohi, Shinagawa-ku, Tokyo, JPN, 140-8537
Mitsubishi Pencil Co., Ltd. manufactures and distributes writing instruments, office supplies, and other products. The company operates in two business segments. The writing material and writing-material-related product segment is engaged in the manufacture and sale of pencils, ballpoint pens, rubbers, office automation equipment, correction tapes, sharpeners, cosmetics, and other products. The other segment provides adhesive tapes and handicraft products. The Japan-based company has operations across Europe, Asia, Oceania, and the Americas.

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