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Mitsubishi Electric (Mitsubishi Electric) 5-Year Yield-on-Cost % : 2.06 (As of Apr. 25, 2024)


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What is Mitsubishi Electric 5-Year Yield-on-Cost %?

Mitsubishi Electric's yield on cost for the quarter that ended in Dec. 2023 was 2.06.


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

MIELY' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.9   Med: 2.19   Max: 3.35
Current: 2.06


During the past 13 years, Mitsubishi Electric's highest Yield on Cost was 3.35. The lowest was 0.90. And the median was 2.19.


MIELY's 5-Year Yield-on-Cost % is ranked worse than
51.67% of 1852 companies
in the Industrial Products industry
Industry Median: 2.075 vs MIELY: 2.06

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

For the Electrical Equipment & Parts subindustry, Mitsubishi Electric'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 Electric's 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

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

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



Mitsubishi Electric 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 Electric is calculated as

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

Mitsubishi Electric  (OTCPK:MIELY) 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 Electric 5-Year Yield-on-Cost % Related Terms

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Mitsubishi Electric (Mitsubishi Electric) Business Description

Traded in Other Exchanges
Address
Tokyo Building, 2-7-3, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-8310
Mitsubishi Electric is a general electric diversified industrials company that develops, manufactures and sells electrical equipment worldwide. The company's core segments include: industrial automation systems, energy and electric systems, electric devices, information and communication systems, and home appliances (which includes commercial air conditioning). Mitsubishi Electric was founded in 1921 and is headquartered in Tokyo.

Mitsubishi Electric (Mitsubishi Electric) Headlines

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