GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Nippon Gas Co Ltd (FRA:NG0) » Definitions » 5-Year Yield-on-Cost %

Nippon Gas Co (FRA:NG0) 5-Year Yield-on-Cost % : 12.87 (As of Jun. 09, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Nippon Gas Co 5-Year Yield-on-Cost %?

Nippon Gas Co's yield on cost for the quarter that ended in Mar. 2024 was 12.87.


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

FRA:NG0' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.31   Med: 5.11   Max: 14.08
Current: 12.87


During the past 13 years, Nippon Gas Co's highest Yield on Cost was 14.08. The lowest was 2.31. And the median was 5.11.


FRA:NG0's 5-Year Yield-on-Cost % is ranked better than
87.94% of 431 companies
in the Utilities - Regulated industry
Industry Median: 4.56 vs FRA:NG0: 12.87

Competitive Comparison of Nippon Gas Co's 5-Year Yield-on-Cost %

For the Utilities - Regulated Gas subindustry, Nippon Gas Co'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.


Nippon Gas Co's 5-Year Yield-on-Cost % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Nippon Gas Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Nippon Gas Co's 5-Year Yield-on-Cost % falls into.



Nippon Gas Co 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 Nippon Gas Co is calculated as

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

Nippon Gas Co  (FRA:NG0) 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.


Nippon Gas Co 5-Year Yield-on-Cost % Related Terms

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


Nippon Gas Co (FRA:NG0) Business Description

Traded in Other Exchanges
Address
10, No. 7, No. 2-chome, Tokyo, JPN, 104-8540
Nippon Gas Co Ltd, or Nichigas, is a Japanese supplier of gas primarily in the Kanto region of Japan. The company segments its operations into LP Gas, City Gas, Electricity, and Life Products Businesses. LP Gas and City Gas are Nichigas' core segments, which engage in the distribution and sale of liquefied petroleum gas, or LPG, and city gas for consumer usage. The company's total revenue is split between sales of LPG and city gas, with LPG generating slightly more. Roughly half of Nichigas' customers are residential consumers in terms of sales volume, while the other half are commercial entities. With its subsidiaries, the company is also involved in the distribution and sale of liquefied natural gas, high-pressure gas, and gas appliances.

Nippon Gas Co (FRA:NG0) Headlines

No Headlines