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Ichikawa Co (TSE:3513) 5-Year Yield-on-Cost % : 5.49 (As of Jun. 18, 2024)


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What is Ichikawa Co 5-Year Yield-on-Cost %?

Ichikawa Co's yield on cost for the quarter that ended in Dec. 2023 was 5.49.


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

TSE:3513' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.74   Med: 5.59   Max: 7.61
Current: 5.49


During the past 13 years, Ichikawa Co's highest Yield on Cost was 7.61. The lowest was 2.74. And the median was 5.59.


TSE:3513's 5-Year Yield-on-Cost % is ranked better than
74.4% of 168 companies
in the Forest Products industry
Industry Median: 2.65 vs TSE:3513: 5.49

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

For the Paper & Paper Products subindustry, Ichikawa 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.


Ichikawa Co's 5-Year Yield-on-Cost % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Ichikawa Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Ichikawa 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 Ichikawa Co is calculated as

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

Ichikawa Co  (TSE:3513) 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.


Ichikawa Co 5-Year Yield-on-Cost % Related Terms

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Ichikawa Co (TSE:3513) Business Description

Traded in Other Exchanges
N/A
Address
14 - 15, Hongo 2 Chome, Bunkyo ku, Hongo 2, Tokyo, JPN, 113-8442
Ichikawa Co Ltd is engaged in the manufacture and distribution of papermaking felts, papermaking belts, felts for slate and industrial felts in Japan. It offers papermaking press felts and belts, and shoe press and transfer belts; industrial products, such as heat-resistant conveyance equipment and cushioning material for use in the manufacture of car bodies, aluminum parts, and others.

Ichikawa Co (TSE:3513) Headlines

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