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Nissin Foods Holdings Co (TSE:2897) 5-Year Yield-on-Cost % : 2.81 (As of Jun. 21, 2024)


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What is Nissin Foods Holdings Co 5-Year Yield-on-Cost %?

Nissin Foods Holdings Co's yield on cost for the quarter that ended in Dec. 2023 was 2.81.


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

TSE:2897' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.62   Med: 2.24   Max: 3.46
Current: 2.81


During the past 13 years, Nissin Foods Holdings Co's highest Yield on Cost was 3.46. The lowest was 0.62. And the median was 2.24.


TSE:2897's 5-Year Yield-on-Cost % is ranked better than
53.85% of 1103 companies
in the Consumer Packaged Goods industry
Industry Median: 2.69 vs TSE:2897: 2.81

Competitive Comparison of Nissin Foods Holdings Co's 5-Year Yield-on-Cost %

For the Packaged Foods subindustry, Nissin Foods Holdings 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.


Nissin Foods Holdings Co's 5-Year Yield-on-Cost % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nissin Foods Holdings Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Nissin Foods Holdings 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 Nissin Foods Holdings Co is calculated as

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

Nissin Foods Holdings Co  (TSE:2897) 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.


Nissin Foods Holdings Co 5-Year Yield-on-Cost % Related Terms

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Nissin Foods Holdings Co (TSE:2897) Business Description

Traded in Other Exchanges
Address
1-1, 4-chome, Nishinakajima, Yodogawa-ku, Osaka, JPN, 532-8524
Nissin Foods is Japan's largest instant noodle manufacturer and was the first in the world to invent and launch instant noodles. It also invented the first instant noodle product in cup containers. Cup Noodles is its global brand, marketed in Asia, the Americas, and Europe. Instant noodles account for more than three fourths of group sales and 80% of operating profits, while Japan remains the key contributor, representing roughly 75% of group sales and 85% of profits. Other products include frozen/chilled noodles, confectionery, and lactic acid drinks.

Nissin Foods Holdings Co (TSE:2897) Headlines

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