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Encourage Technologies Co (TSE:3682) 5-Year Yield-on-Cost % : 2.84 (As of May. 20, 2024)


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What is Encourage Technologies Co 5-Year Yield-on-Cost %?

Encourage Technologies Co's yield on cost for the quarter that ended in Dec. 2023 was 2.84.


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

TSE:3682' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.34   Med: 1.67   Max: 3.26
Current: 2.84


During the past 11 years, Encourage Technologies Co's highest Yield on Cost was 3.26. The lowest was 0.34. And the median was 1.67.


TSE:3682's 5-Year Yield-on-Cost % is ranked better than
59.98% of 937 companies
in the Software industry
Industry Median: 2.22 vs TSE:3682: 2.84

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

For the Information Technology Services subindustry, Encourage Technologies 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.


Encourage Technologies Co's 5-Year Yield-on-Cost % Distribution in the Software Industry

For the Software industry and Technology sector, Encourage Technologies Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Encourage Technologies 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 Encourage Technologies Co is calculated as

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

Encourage Technologies Co  (TSE:3682) 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.


Encourage Technologies Co 5-Year Yield-on-Cost % Related Terms

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Encourage Technologies Co (TSE:3682) Business Description

Traded in Other Exchanges
N/A
Address
Tornare Nihonbashi Hamacho 7F, 3-3-2, Nihonbashi Hama-cho, Chuo-ku, Tokyo, JPN, 103-0007
Encourage Technologies Co., Ltd. develops software which monitors and audits user activity in IT systems. The company also provides maintenance support after the installation of the software as well consulting services.

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