GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Shizuoka Bank Ltd (OTCPK:SHZUY) » Definitions » 5-Year Yield-on-Cost %

Shizuoka Bank (Shizuoka Bank) 5-Year Yield-on-Cost % : 3.43 (As of Apr. 26, 2024)


View and export this data going back to 1994. Start your Free Trial

What is Shizuoka Bank 5-Year Yield-on-Cost %?

Shizuoka Bank's yield on cost for the quarter that ended in Jun. 2022 was 3.43.


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

SHZUY' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 3.43
Current: 3.43


During the past 13 years, Shizuoka Bank's highest Yield on Cost was 3.43. The lowest was 0.00. And the median was 0.00.


SHZUY's 5-Year Yield-on-Cost % is not ranked
in the Banks industry.
Industry Median: 4.975 vs SHZUY: 3.43

Competitive Comparison of Shizuoka Bank's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, Shizuoka Bank'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.


Shizuoka Bank's 5-Year Yield-on-Cost % Distribution in the Banks Industry

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

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



Shizuoka Bank 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 Shizuoka Bank is calculated as

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

Shizuoka Bank  (OTCPK:SHZUY) 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.


Shizuoka Bank 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Shizuoka Bank's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Shizuoka Bank (Shizuoka Bank) Business Description

Traded in Other Exchanges
N/A
Address
10, Gofukucho 1-chome, Aoi-ku, Shizuoka-shi, Shizuoka, JPN, 420-8761
The Shizuoka Bank is a regional bank in Japan. The company provides general banking services such as deposits, loans, and exchange transactions. It also offers trust banking, securities brokerage, leasing, and consulting services. The company focuses on contributing to the development of the region around Shizuoka Prefecture. The Shizuoka Prefecture is situated midway between the two major consumer markets and industrial centers of Japan--the Nagoya region plus the Osaka-Kyoto region to the west and the Yokohama-Tokyo region to the east. This location historically developed into a significant center of the manufacturing and industrial industry. While the bank is primarily specific to Japan, it also has operations in New York, Los Angeles, Brussels, Hong Kong, Shanghai, and Singapore.

Shizuoka Bank (Shizuoka Bank) Headlines

No Headlines