Hokkaido Electric Power Co (TSE:9509) 5-Year Yield-on-Cost % : 1.37 (As of May. 23, 2024)

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What is Hokkaido Electric Power Co 5-Year Yield-on-Cost %?

Hokkaido Electric Power Co's yield on cost for the quarter that ended in Dec. 2023 was 1.37.

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

TSE:9509' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.37 Med: 1.66 Max: 4.28
Current: 1.37

During the past 13 years, Hokkaido Electric Power Co's highest Yield on Cost was 4.28. The lowest was 0.37. And the median was 1.66.

TSE:9509's 5-Year Yield-on-Cost % is ranked worse than
75.31% of 239 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.87 vs TSE:9509: 1.37

Competitive Comparison of Hokkaido Electric Power Co's 5-Year Yield-on-Cost %

For the Utilities - Renewable subindustry, Hokkaido Electric Power 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.

Hokkaido Electric Power Co's 5-Year Yield-on-Cost % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Hokkaido Electric Power Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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

Hokkaido Electric Power 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 Hokkaido Electric Power Co is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Hokkaido Electric Power Co (TSE:9509) 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.

Hokkaido Electric Power Co 5-Year Yield-on-Cost % Related Terms

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Hokkaido Electric Power Co (TSE:9509) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Hokkaido Electric Power Co Inc (TSE:9509) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

9509:Japan

Address

2, Higashi 1-chome, Odori, Chuo-ku, Sapporo, Hokkaido, JPN, 060-8677

Website

http://www.hepco.co.jp

Hokkaido Electric Power Co, Inc. or HEPCO, is a Japanese electric utility that serves the northernmost island of Hokkaido. HEPCO is involved in the generation, transmission, and distribution of electric energy on the island. The company utilizes a portfolio of hydroelectric, steam, gas, internal combustion, nuclear, geothermal, and solar power plants to do this. While Most of HEPCO's sites are hydroelectric, the company's fossil fuel facilities represent the vast majority of its total energy production and production capacity. Hokkaido Electric Power's electric utility business is responsible for nearly all of its revenue with sales split mainly between residential and commercial/industrial customer groups. Most electrical output, however, is transmitted to residential customers.

Hokkaido Electric Power Co (TSE:9509) Headlines

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