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Minebea Mitsumi (Minebea Mitsumi) 5-Year Yield-on-Cost % : 2.20 (As of Apr. 28, 2024)


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What is Minebea Mitsumi 5-Year Yield-on-Cost %?

Minebea Mitsumi's yield on cost for the quarter that ended in Dec. 2023 was 2.20.


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

MNBEY' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.79   Med: 2.05   Max: 4.92
Current: 2.2


During the past 13 years, Minebea Mitsumi's highest Yield on Cost was 4.92. The lowest was 0.79. And the median was 2.05.


MNBEY's 5-Year Yield-on-Cost % is ranked worse than
59.63% of 1355 companies
in the Hardware industry
Industry Median: 2.83 vs MNBEY: 2.20

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

For the Electronic Components subindustry, Minebea Mitsumi'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.


Minebea Mitsumi's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Minebea Mitsumi's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Minebea Mitsumi 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 Minebea Mitsumi is calculated as

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

Minebea Mitsumi  (OTCPK:MNBEY) 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.


Minebea Mitsumi 5-Year Yield-on-Cost % Related Terms

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Minebea Mitsumi (Minebea Mitsumi) Business Description

Traded in Other Exchanges
Address
3-9-6, Mita, Minato-ku, Tokyo, JPN, 108-8330
Minebea Mitsumi Inc is an electronic components company. Its operating segments are Machined components, Electronic devices and components and MITSUMI business. The machined components segment manufactures mechanical parts including ball bearings, rod-end bearings, pivot assemblies for hard disk drive (HDD), and screws for automobiles and aircrafts. The electronic devices and components segment manufactures electronic devices (such as LED backlights and sensing devices), HDD spindle motors, stepping motors, DC motors, air movers (fan motors), precision motors and specialized devices. And The MITSUMI business segment manufactures semiconductor devices, optical devices, mechanical parts, high-frequency components, and power supply parts.

Minebea Mitsumi (Minebea Mitsumi) Headlines

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