GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Medical Ikkou Group Co Ltd (TSE:3353) » Definitions » 5-Year Yield-on-Cost %

Medical Ikkou Group Co (TSE:3353) 5-Year Yield-on-Cost % : 1.83 (As of May. 20, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Medical Ikkou Group Co 5-Year Yield-on-Cost %?

Medical Ikkou Group Co's yield on cost for the quarter that ended in Nov. 2023 was 1.83.


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

TSE:3353' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.51   Med: 1.4   Max: 2.66
Current: 1.83


During the past 13 years, Medical Ikkou Group Co's highest Yield on Cost was 2.66. The lowest was 0.51. And the median was 1.40.


TSE:3353's 5-Year Yield-on-Cost % is ranked worse than
65.07% of 335 companies
in the Conglomerates industry
Industry Median: 3.34 vs TSE:3353: 1.83

Competitive Comparison of Medical Ikkou Group Co's 5-Year Yield-on-Cost %

For the Conglomerates subindustry, Medical Ikkou Group 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.


Medical Ikkou Group Co's 5-Year Yield-on-Cost % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Medical Ikkou Group Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Medical Ikkou Group 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 Medical Ikkou Group Co is calculated as

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

Medical Ikkou Group Co  (TSE:3353) 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.


Medical Ikkou Group Co 5-Year Yield-on-Cost % Related Terms

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


Medical Ikkou Group Co (TSE:3353) Business Description

Traded in Other Exchanges
N/A
Address
501 62 Fujikata, Mie Prefecture, Tsu, JPN, 514-0815
Medical Ikkou Group Co Ltd is engaged in Dispensing pharmacy business, healthcare business, pharmaceutical wholesale business, real estate business, and investment business.

Medical Ikkou Group Co (TSE:3353) Headlines

No Headlines