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Tokyo Finance (BOM:531644) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 10, 2024)


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What is Tokyo Finance 5-Year Yield-on-Cost %?

Tokyo Finance's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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



BOM:531644's 5-Year Yield-on-Cost % is not ranked *
in the Credit Services industry.
Industry Median: 4.425
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Tokyo Finance's 5-Year Yield-on-Cost %

For the Credit Services subindustry, Tokyo Finance'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.


Tokyo Finance's 5-Year Yield-on-Cost % Distribution in the Credit Services Industry

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

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



Tokyo Finance 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 Tokyo Finance is calculated as

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

Tokyo Finance  (BOM:531644) 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.


Tokyo Finance 5-Year Yield-on-Cost % Related Terms

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Tokyo Finance (BOM:531644) Business Description

Traded in Other Exchanges
N/A
Address
Kachigam Road, Plot No. 363/1(1,2,3), Shree Ganesh Industrial Estate, Daman and Diu, Daman, IND, 396 210
Tokyo Finance Ltd is a non-banking financial company (NBFC). The company has finance as its only primary reportable segment. It generates revenue from interest on loans.

Tokyo Finance (BOM:531644) Headlines

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