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Hirakawa Hewtech (TSE:5821) 5-Year Yield-on-Cost % : 4.36 (As of Jun. 22, 2024)


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What is Hirakawa Hewtech 5-Year Yield-on-Cost %?

Hirakawa Hewtech's yield on cost for the quarter that ended in Dec. 2023 was 4.36.


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

TSE:5821' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.92   Med: 3.62   Max: 5.79
Current: 4.36


During the past 13 years, Hirakawa Hewtech's highest Yield on Cost was 5.79. The lowest was 1.92. And the median was 3.62.


TSE:5821's 5-Year Yield-on-Cost % is ranked better than
60.71% of 336 companies
in the Conglomerates industry
Industry Median: 3.34 vs TSE:5821: 4.36

Competitive Comparison of Hirakawa Hewtech's 5-Year Yield-on-Cost %

For the Conglomerates subindustry, Hirakawa Hewtech'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.


Hirakawa Hewtech's 5-Year Yield-on-Cost % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hirakawa Hewtech's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Hirakawa Hewtech 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 Hirakawa Hewtech is calculated as

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

Hirakawa Hewtech  (TSE:5821) 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.


Hirakawa Hewtech 5-Year Yield-on-Cost % Related Terms

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Hirakawa Hewtech (TSE:5821) Business Description

Traded in Other Exchanges
N/A
Address
3-28-10 Minami-Oi, JK Omori Building, Shinagawa-ku, Tokyo, JPN, 1408551
Hirakawa Hewtech Corp is a Japan-based company. It is mainly engaged in the manufacture and sale of electric wires, cables, electrical equipment, and medical equipment. The company is also engaged in the design, construction, supervision and contracting of electrical work and telecommunications construction. Electrical products offered by the company include micro coaxial cable, interface cable, broadcast cable, and high-frequency coaxial cable. Medical equipment offerings include industry tube and medical tube. Hirakawa Hewtech is also engaged in real estate management and leasing.

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