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Akasaka Diesels (TSE:6022) 5-Year Yield-on-Cost % : 1.53 (As of Sep. 25, 2024)


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What is Akasaka Diesels 5-Year Yield-on-Cost %?

Akasaka Diesels's yield on cost for the quarter that ended in Mar. 2024 was 1.53.


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

TSE:6022' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.88   Med: 1.49   Max: 2.49
Current: 1.53


During the past 13 years, Akasaka Diesels's highest Yield on Cost was 2.49. The lowest was 0.88. And the median was 1.49.


TSE:6022's 5-Year Yield-on-Cost % is ranked better than
58.44% of 154 companies
in the Aerospace & Defense industry
Industry Median: 1.34 vs TSE:6022: 1.53

Competitive Comparison of Akasaka Diesels's 5-Year Yield-on-Cost %

For the Aerospace & Defense subindustry, Akasaka Diesels'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.


Akasaka Diesels's 5-Year Yield-on-Cost % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Akasaka Diesels's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Akasaka Diesels 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 Akasaka Diesels is calculated as

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

Akasaka Diesels  (TSE:6022) 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.


Akasaka Diesels 5-Year Yield-on-Cost % Related Terms

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Akasaka Diesels Business Description

Traded in Other Exchanges
N/A
Address
Yurakucho 1 - chome, Yurakucho Electric Building, 14th Floor, South Building, Chiyoda-ku, Tokyo, JPN, 100-0006
Akasaka Diesels Ltd is a Japan-based machinery manufacturing company. It is mainly engaged in the design, manufacture, and sale of the marine diesel engine and other machinery and equipment. It offers marine and industrial machinery products including 4stroke engine, 2stroke engine, remote controller, institution monitoring equipment, vibration, and noise reduction technology, and air motor. The company is also engaged in selling and leasing of marine equipment, oceanographic instruments, environmental pollution control equipment, satellite utilization measuring equipment, astronomical observation equipment, castings, forged steel products, movable property, and real estate.

Akasaka Diesels Headlines

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