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MORIO DENKI Co (TSE:6647) 5-Year Yield-on-Cost % : 2.69 (As of May. 24, 2024)


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What is MORIO DENKI Co 5-Year Yield-on-Cost %?

MORIO DENKI Co's yield on cost for the quarter that ended in Dec. 2023 was 2.69.


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

TSE:6647' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.82   Med: 1.79   Max: 3.12
Current: 2.69


During the past 13 years, MORIO DENKI Co's highest Yield on Cost was 3.12. The lowest was 0.82. And the median was 1.79.


TSE:6647's 5-Year Yield-on-Cost % is ranked better than
59.14% of 1870 companies
in the Industrial Products industry
Industry Median: 2.03 vs TSE:6647: 2.69

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

For the Electrical Equipment & Parts subindustry, MORIO DENKI 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.


MORIO DENKI Co's 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

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

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



MORIO DENKI 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 MORIO DENKI Co is calculated as

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

MORIO DENKI Co  (TSE:6647) 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.


MORIO DENKI Co 5-Year Yield-on-Cost % Related Terms

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MORIO DENKI Co (TSE:6647) Business Description

Traded in Other Exchanges
N/A
Address
4-34-1, Tateishi, Katsushika-ku, Tokyo, JPN, 125-0062
MORIO DENKI CO., Ltd. is an electrical equipment manufacturer. The company supplies various kinds of electric and electronic equipment for public transportation uses, such as rolling stock component parts at the core, traffic information display system, and electric equipment for ships.

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