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Meiko Network Japan Co (TSE:4668) 5-Year Yield-on-Cost % : 1.79 (As of May. 24, 2024)


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What is Meiko Network Japan Co 5-Year Yield-on-Cost %?

Meiko Network Japan Co's yield on cost for the quarter that ended in Feb. 2024 was 1.79.


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

TSE:4668' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.02   Med: 1.67   Max: 2.97
Current: 1.79


During the past 13 years, Meiko Network Japan Co's highest Yield on Cost was 2.97. The lowest was 1.02. And the median was 1.67.


TSE:4668's 5-Year Yield-on-Cost % is ranked worse than
77.68% of 112 companies
in the Education industry
Industry Median: 3.45 vs TSE:4668: 1.79

Competitive Comparison of Meiko Network Japan Co's 5-Year Yield-on-Cost %

For the Education & Training Services subindustry, Meiko Network Japan 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.


Meiko Network Japan Co's 5-Year Yield-on-Cost % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Meiko Network Japan Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Meiko Network Japan 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 Meiko Network Japan Co is calculated as

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

Meiko Network Japan Co  (TSE:4668) 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.


Meiko Network Japan Co 5-Year Yield-on-Cost % Related Terms

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Meiko Network Japan Co (TSE:4668) Business Description

Traded in Other Exchanges
N/A
Address
7-20-1 Nishi-Shinjuku, 29th Floor/30th Floor, Sumitomo Fudosan Nishi-Shinjuku Building, Tokyo, JPN, 160-0023
Meiko Network Japan Co Ltd provides educational services. The company's business is divided into Meiko Gijuku Business Activities which operates schools for children of all ages from elementary school to university entrance examination. Medical Cram School Business Activities include a school for medicine-related university entrance examination, and Other Business Activities comprises of Soccer schools for preschool children elementary and junior high school students, individual tutoring cram schools, extended-hours cram schools, and others.

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