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Okabe Co (TSE:5959) 5-Year Yield-on-Cost % : 3.11 (As of May. 20, 2024)


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What is Okabe Co 5-Year Yield-on-Cost %?

Okabe Co's yield on cost for the quarter that ended in Mar. 2024 was 3.11.


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

TSE:5959' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.23   Med: 2.45   Max: 4.46
Current: 3.11


During the past 13 years, Okabe Co's highest Yield on Cost was 4.46. The lowest was 1.23. And the median was 2.45.


TSE:5959's 5-Year Yield-on-Cost % is ranked worse than
51.92% of 965 companies
in the Construction industry
Industry Median: 3.19 vs TSE:5959: 3.11

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

For the Building Products & Equipment subindustry, Okabe 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.


Okabe Co's 5-Year Yield-on-Cost % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Okabe Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Okabe 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 Okabe Co is calculated as

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

Okabe Co  (TSE:5959) 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.


Okabe Co 5-Year Yield-on-Cost % Related Terms

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Okabe Co (TSE:5959) Business Description

Traded in Other Exchanges
N/A
Address
2-8-2, Oshiage, Sumida-ku, Tokyo, JPN
Okabe Co Ltd is a construction and engineering products manufacturer. The company operates its business through its subsidiaries in three segments Construction-related products, Automotive products, and Other businesses. It develops, manufactures and markets temporary building and formwork products. The company designs and sells automotive bolts and screw nuts in the U.S. The company's marine business involves the development, manufacture, and sale of marine materials.

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