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Nihon Tokushu Toryo Co (TSE:4619) 5-Year Yield-on-Cost % : 4.79 (As of Jun. 23, 2024)


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What is Nihon Tokushu Toryo Co 5-Year Yield-on-Cost %?

Nihon Tokushu Toryo Co's yield on cost for the quarter that ended in Dec. 2023 was 4.79.


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

TSE:4619' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.4   Med: 3.23   Max: 6.95
Current: 4.79


During the past 13 years, Nihon Tokushu Toryo Co's highest Yield on Cost was 6.95. The lowest was 1.40. And the median was 3.23.


TSE:4619's 5-Year Yield-on-Cost % is ranked better than
75.02% of 1081 companies
in the Chemicals industry
Industry Median: 2.27 vs TSE:4619: 4.79

Competitive Comparison of Nihon Tokushu Toryo Co's 5-Year Yield-on-Cost %

For the Specialty Chemicals subindustry, Nihon Tokushu Toryo 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.


Nihon Tokushu Toryo Co's 5-Year Yield-on-Cost % Distribution in the Chemicals Industry

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

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



Nihon Tokushu Toryo 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 Nihon Tokushu Toryo Co is calculated as

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

Nihon Tokushu Toryo Co  (TSE:4619) 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.


Nihon Tokushu Toryo Co 5-Year Yield-on-Cost % Related Terms

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Nihon Tokushu Toryo Co (TSE:4619) Business Description

Traded in Other Exchanges
N/A
Address
No. 23-2, Oji 3, Kita-Ku, Tokyo, JPN, 114-8584
Nihon Tokushu Toryo Co Ltd engages in the manufacture and sale of paints and coatings, soundproofing, and rust proofing materials. Its operations are carried out through the following divisions: Paints business, Automotive Products business. The Paint business division handles the production, sale, and contracting of paints. The Automotive Products business manages the production and sale of soundproofing materials including damping materials, acoustic absorbents and sound insulators, as well as antirust coatings.

Nihon Tokushu Toryo Co (TSE:4619) Headlines

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