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Naigai Tec (TSE:3374) 5-Year Yield-on-Cost % : 12.37 (As of Jun. 23, 2024)


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What is Naigai Tec 5-Year Yield-on-Cost %?

Naigai Tec's yield on cost for the quarter that ended in Dec. 2023 was 12.37.


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

TSE:3374' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.68   Med: 6.46   Max: 23.82
Current: 12.37


During the past 13 years, Naigai Tec's highest Yield on Cost was 23.82. The lowest was 1.68. And the median was 6.46.


TSE:3374's 5-Year Yield-on-Cost % is ranked better than
95.42% of 1922 companies
in the Industrial Products industry
Industry Median: 2.13 vs TSE:3374: 12.37

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

For the Electrical Equipment & Parts subindustry, Naigai Tec'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.


Naigai Tec's 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Naigai Tec's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Naigai Tec 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 Naigai Tec is calculated as

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

Naigai Tec  (TSE:3374) 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.


Naigai Tec 5-Year Yield-on-Cost % Related Terms

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Naigai Tec (TSE:3374) Business Description

Traded in Other Exchanges
N/A
Address
11-22, Sangenjaya 2-chome, Setagaya-ku, Tokyo, JPN, 154-0024
Naigai Tec Corp is engaged in electronics parts design, manufacture, logistics, and after-sale service. It sales, purchase, import and export of pneumatic devices, pneumatic application devices, working machines, electric devices, electronic devices, and other tools. It provides its services to Japan, China, and South Korea.

Naigai Tec (TSE:3374) Headlines

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