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Harima Chemicals Group (TSE:4410) 5-Year Yield-on-Cost % : 8.04 (As of May. 26, 2024)


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What is Harima Chemicals Group 5-Year Yield-on-Cost %?

Harima Chemicals Group's yield on cost for the quarter that ended in Dec. 2023 was 8.04.


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

TSE:4410' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.63   Med: 5.13   Max: 8.59
Current: 8.04


During the past 13 years, Harima Chemicals Group's highest Yield on Cost was 8.59. The lowest was 2.63. And the median was 5.13.


TSE:4410's 5-Year Yield-on-Cost % is ranked better than
87.63% of 1051 companies
in the Chemicals industry
Industry Median: 2.33 vs TSE:4410: 8.04

Competitive Comparison of Harima Chemicals Group's 5-Year Yield-on-Cost %

For the Specialty Chemicals subindustry, Harima Chemicals Group'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.


Harima Chemicals Group's 5-Year Yield-on-Cost % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Harima Chemicals Group's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Harima Chemicals Group 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 Harima Chemicals Group is calculated as

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

Harima Chemicals Group  (TSE:4410) 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.


Harima Chemicals Group 5-Year Yield-on-Cost % Related Terms

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Harima Chemicals Group (TSE:4410) Business Description

Traded in Other Exchanges
N/A
Address
3 - chome Nihonbashi 3 - chome Chuo - ku, Tokyo, JPN, 103-0027
Harima Chemicals Group Inc is a Japan-based chemical manufacturer. The company is mainly engaged in chemical products business, papermaking chemical business, and electronic materials business. Products offered by the company include resins for printing ink, paint, resin for adhesive and adhesive, emulsifier for synthetic rubber, sizing agent, paper strength enhancer, and coating agent. Electronic materials business develops, manufacture and sell conductive paste, brazing material for aluminum and printed wiring board related materials. Harima has a global network with presence in Europe, Asia, Oceania, North America, and South America.

Harima Chemicals Group (TSE:4410) Headlines

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