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Tokai Carbon Co (TSE:5301) 5-Year Yield-on-Cost % : 4.54 (As of May. 25, 2024)


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What is Tokai Carbon Co 5-Year Yield-on-Cost %?

Tokai Carbon Co's yield on cost for the quarter that ended in Mar. 2024 was 4.54.


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

TSE:5301' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.66   Med: 2.53   Max: 8.29
Current: 4.54


During the past 13 years, Tokai Carbon Co's highest Yield on Cost was 8.29. The lowest was 0.66. And the median was 2.53.


TSE:5301's 5-Year Yield-on-Cost % is ranked better than
72.88% of 1051 companies
in the Chemicals industry
Industry Median: 2.33 vs TSE:5301: 4.54

Competitive Comparison of Tokai Carbon Co's 5-Year Yield-on-Cost %

For the Specialty Chemicals subindustry, Tokai Carbon 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.


Tokai Carbon Co's 5-Year Yield-on-Cost % Distribution in the Chemicals Industry

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

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



Tokai Carbon 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 Tokai Carbon Co is calculated as

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

Tokai Carbon Co  (TSE:5301) 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.


Tokai Carbon Co 5-Year Yield-on-Cost % Related Terms

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Tokai Carbon Co (TSE:5301) Business Description

Traded in Other Exchanges
Address
1-2-3 Kita Aoyama Building, Minato-ku, Tokyo, JPN, 107-8636
Tokai Carbon Co Ltd is a Japan-based manufacturer of carbon products which include, Carbon black, graphite electrodes, fine carbon friction material and manufactures industrial furnaces, and related products. It operates through three reportable segments, Carbon Black business, Carbon and Ceramics business, and Industrial Furnaces and Related Products business. Carbon black is mainly used as a reinforcing agent of industrial rubber products, typically auto tires. Carbon and Ceramics business segment produces artificial graphite electrodes for electric arc furnaces, fine carbon, carbon brush, impervious graphite, pencil lead-cores. Industrial Furnaces and Related Products segment include Industrial electric furnaces, gas furnaces, silicon carbide heating elements refractory, amongst others.

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