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Miroku Jyoho Service Co (TSE:9928) 5-Year Yield-on-Cost % : 4.42 (As of May. 15, 2024)


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What is Miroku Jyoho Service Co 5-Year Yield-on-Cost %?

Miroku Jyoho Service Co's yield on cost for the quarter that ended in Dec. 2023 was 4.42.


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

TSE:9928' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.08   Med: 2.84   Max: 5.9
Current: 4.42


During the past 13 years, Miroku Jyoho Service Co's highest Yield on Cost was 5.90. The lowest was 1.08. And the median was 2.84.


TSE:9928's 5-Year Yield-on-Cost % is ranked better than
89.14% of 939 companies
in the Software industry
Industry Median: 2.32 vs TSE:9928: 4.42

Competitive Comparison of Miroku Jyoho Service Co's 5-Year Yield-on-Cost %

For the Software - Application subindustry, Miroku Jyoho Service 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.


Miroku Jyoho Service Co's 5-Year Yield-on-Cost % Distribution in the Software Industry

For the Software industry and Technology sector, Miroku Jyoho Service Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Miroku Jyoho Service 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 Miroku Jyoho Service Co is calculated as

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

Miroku Jyoho Service Co  (TSE:9928) 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.


Miroku Jyoho Service Co 5-Year Yield-on-Cost % Related Terms

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Miroku Jyoho Service Co (TSE:9928) Business Description

Traded in Other Exchanges
N/A
Address
4-29-1 Yotsuya, Tokyo, JPN, 160-0004
Miroku Jyoho Service Co Ltd offers systems, solutions, and services to accounting firms and their client companies, small and mid-sized companies and data-compatible financial accounting systems. The firm's products include software applications, hardware, and supplies. Its services include tax service, account processing service, management guidance service, IT support and provision of management information services and installation and software and hardware support services etc.

Miroku Jyoho Service Co (TSE:9928) Headlines

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