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Chugoku Marine Paints (TSE:4617) 5-Year Yield-on-Cost % : 4.82 (As of Jun. 22, 2024)


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What is Chugoku Marine Paints 5-Year Yield-on-Cost %?

Chugoku Marine Paints's yield on cost for the quarter that ended in Dec. 2023 was 4.82.


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

TSE:4617' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.38   Med: 3.11   Max: 5.86
Current: 4.82


During the past 13 years, Chugoku Marine Paints's highest Yield on Cost was 5.86. The lowest was 1.38. And the median was 3.11.


TSE:4617's 5-Year Yield-on-Cost % is ranked better than
75.12% of 1081 companies
in the Chemicals industry
Industry Median: 2.27 vs TSE:4617: 4.82

Competitive Comparison of Chugoku Marine Paints's 5-Year Yield-on-Cost %

For the Specialty Chemicals subindustry, Chugoku Marine Paints'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.


Chugoku Marine Paints's 5-Year Yield-on-Cost % Distribution in the Chemicals Industry

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

* The bar in red indicates where Chugoku Marine Paints's 5-Year Yield-on-Cost % falls into.



Chugoku Marine Paints 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 Chugoku Marine Paints is calculated as

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

Chugoku Marine Paints  (TSE:4617) 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.


Chugoku Marine Paints 5-Year Yield-on-Cost % Related Terms

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Chugoku Marine Paints (TSE:4617) Business Description

Traded in Other Exchanges
N/A
Address
3-6-6 Kasumigaseki, Tokyo Club Building, Chiyoda-ku, Tokyo, JPN, 100-0013
Chugoku Marine Paints Ltd is a Japanese paint manufacturing firm. The company engages in manufacturing and marketing a variety of paints and coating materials which include marine paints, industrial paints, and container paints. Its products are used for various industry applications such as anti-fouling and epoxy paint for ships, caulking material for railways, and UV curable paint for plastics. It also undertakes painting contracts and serves a wide range of client base from across the world.

Chugoku Marine Paints (TSE:4617) Headlines

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