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Sumitomo Mitsui Trust Holdings (Sumitomo Mitsui Trust Holdings) 5-Year Yield-on-Cost % : 5.25 (As of Apr. 26, 2024)


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What is Sumitomo Mitsui Trust Holdings 5-Year Yield-on-Cost %?

Sumitomo Mitsui Trust Holdings's yield on cost for the quarter that ended in Dec. 2023 was 5.25.


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

CMTDF' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.39   Med: 5.36   Max: 8.52
Current: 5.25


During the past 13 years, Sumitomo Mitsui Trust Holdings's highest Yield on Cost was 8.52. The lowest was 2.39. And the median was 5.36.


CMTDF's 5-Year Yield-on-Cost % is ranked better than
51.99% of 1206 companies
in the Banks industry
Industry Median: 4.975 vs CMTDF: 5.25

Competitive Comparison of Sumitomo Mitsui Trust Holdings's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, Sumitomo Mitsui Trust Holdings'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.


Sumitomo Mitsui Trust Holdings's 5-Year Yield-on-Cost % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sumitomo Mitsui Trust Holdings's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Sumitomo Mitsui Trust Holdings's 5-Year Yield-on-Cost % falls into.



Sumitomo Mitsui Trust Holdings 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 Sumitomo Mitsui Trust Holdings is calculated as

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

Sumitomo Mitsui Trust Holdings  (OTCPK:CMTDF) 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.


Sumitomo Mitsui Trust Holdings 5-Year Yield-on-Cost % Related Terms

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Sumitomo Mitsui Trust Holdings (Sumitomo Mitsui Trust Holdings) Business Description

Traded in Other Exchanges
Address
1-4-1 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-8233
Sumitomo Mitsui Trust Holdings is the fifth-largest Japanese bank by assets and revenue, with a market share of domestic loans of 3.2% as of March 2023. It is the only remaining stand-alone trust bank after the late 1990s deregulation removed legal barriers between commercial banking and trust functions in Japan; its former rivals in trust banking merged and became units of Mitsubishi UFJ FG and Mizuho. It has no capital ties with Sumitomo Mitsui FG, despite the similar name and common ties to Sumitomo and Mitsui group companies. In fiduciary services, SMTH is the market leader in Japan in total assets under custody. It is the largest manager of corporate pension funds and trails only Nomura in investment trusts.

Sumitomo Mitsui Trust Holdings (Sumitomo Mitsui Trust Holdings) Headlines

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