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Monex Group (Monex Group) 5-Year Yield-on-Cost % : 5.25 (As of Apr. 26, 2024)


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What is Monex Group 5-Year Yield-on-Cost %?

Monex Group's yield on cost for the quarter that ended in Dec. 2023 was 5.25.


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

MNXBY' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.77   Med: 5.58   Max: 14.32
Current: 5.25


During the past 13 years, Monex Group's highest Yield on Cost was 14.32. The lowest was 1.77. And the median was 5.58.


MNXBY's 5-Year Yield-on-Cost % is ranked better than
65.82% of 354 companies
in the Capital Markets industry
Industry Median: 3.17 vs MNXBY: 5.25

Competitive Comparison of Monex Group's 5-Year Yield-on-Cost %

For the Capital Markets subindustry, Monex Group'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.


Monex Group's 5-Year Yield-on-Cost % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Monex Group's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Monex Group 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 Monex Group is calculated as

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

Monex Group  (OTCPK:MNXBY) 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.


Monex Group 5-Year Yield-on-Cost % Related Terms

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Monex Group (Monex Group) Business Description

Traded in Other Exchanges
Address
2-4-1, Kojimachi, Chiyoda-ku, Tokyo, JPN, 102-0083
Monex Group Inc is functional in the financial services domain of Japan. Its core business is that of securities trading. Operating in the capital markets industry, the company renders such services as online securities business, the foreign exchange (FX) trading business, as well as the provision of merger and acquisition (M&A) advisory services. Most of its revenue is in the form of brokerage derived from its capital market activities majorly in Japan and on a minor scale in the United States and China.