Toenec (TSE:1946) 5-Year Yield-on-Cost % : 4.54 (As of Jun. 11, 2024)

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What is Toenec 5-Year Yield-on-Cost %?

Toenec's yield on cost for the quarter that ended in Dec. 2023 was 4.54.

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

TSE:1946' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.37 Med: 3.38 Max: 7.15
Current: 4.54

During the past 13 years, Toenec's highest Yield on Cost was 7.15. The lowest was 1.37. And the median was 3.38.

TSE:1946's 5-Year Yield-on-Cost % is ranked better than
64.56% of 982 companies
in the Construction industry
Industry Median: 3.29 vs TSE:1946: 4.54

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

For the Engineering & Construction subindustry, Toenec'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.

Toenec's 5-Year Yield-on-Cost % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Toenec's 5-Year Yield-on-Cost % distribution charts can be found below:

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

Toenec 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 Toenec is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Toenec (TSE:1946) 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.

Toenec 5-Year Yield-on-Cost % Related Terms

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Toenec (TSE:1946) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Toenec Corp (TSE:1946) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

20-31, Sakae 1-chome, Naka-ku, Aichi, Nagoya, JPN, 460-0008

Website

http://www.toenec.co.jp

Toenec Corp provides engineering and construction services. The company's services include electrical and communications construction, pipe-laying, fire-control system construction, construction and building works, scaffolding, earthworks, and concrete works, road surfacing, painting, waterproofing work, waterworks, steel-structure construction, machinery and tool installation, interior finishing work, cleaning-facility construction, the power generation business, and electrical communication construction. It provides surveying, design, supervision, maintenance, and consultation, research, planning, development services. The company also provides ordinary freight vehicles and dispatching of manpower needed for its services. It also sells, leases and manages real estate properties.

Toenec (TSE:1946) Headlines

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