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Nitta Gelatin (TSE:4977) 5-Year Yield-on-Cost % : 3.21 (As of Dec. 11, 2024)


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What is Nitta Gelatin 5-Year Yield-on-Cost %?

Nitta Gelatin's yield on cost for the quarter that ended in Sep. 2024 was 3.21.


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

TSE:4977' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.24   Med: 2.43   Max: 3.98
Current: 3.21


During the past 13 years, Nitta Gelatin's highest Yield on Cost was 3.98. The lowest was 1.24. And the median was 2.43.


TSE:4977's 5-Year Yield-on-Cost % is ranked better than
64.16% of 1063 companies
in the Chemicals industry
Industry Median: 2.05 vs TSE:4977: 3.21

Competitive Comparison of Nitta Gelatin's 5-Year Yield-on-Cost %

For the Specialty Chemicals subindustry, Nitta Gelatin'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.


Nitta Gelatin's 5-Year Yield-on-Cost % Distribution in the Chemicals Industry

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

* The bar in red indicates where Nitta Gelatin's 5-Year Yield-on-Cost % falls into.



Nitta Gelatin 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 Nitta Gelatin is calculated as

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

Nitta Gelatin  (TSE:4977) 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.


Nitta Gelatin 5-Year Yield-on-Cost % Related Terms

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Nitta Gelatin Business Description

Traded in Other Exchanges
N/A
Address
4-26, Sakuragawa 4-chome, Naniwa-ku, Osaka, JPN, 556-0022
Nitta Gelatin Inc is a manufacturer of gelatin products. It manufactures and sells gelatin, collagen peptide, collagen casing, collagen and other products made from animal bones and skin or fish scales and skin.

Nitta Gelatin Headlines

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