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Keyence (TSE:6861) 5-Year Yield-on-Cost % : 1.27 (As of May. 01, 2024)


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What is Keyence 5-Year Yield-on-Cost %?

Keyence's yield on cost for the quarter that ended in Dec. 2023 was 1.27.


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

TSE:6861' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.21   Med: 1   Max: 3.22
Current: 1.27


During the past 13 years, Keyence's highest Yield on Cost was 3.22. The lowest was 0.21. And the median was 1.00.


TSE:6861's 5-Year Yield-on-Cost % is ranked worse than
72.35% of 1356 companies
in the Hardware industry
Industry Median: 2.795 vs TSE:6861: 1.27

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

For the Scientific & Technical Instruments subindustry, Keyence'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.


Keyence's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Keyence's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Keyence 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 Keyence is calculated as

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

Keyence  (TSE:6861) 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.


Keyence 5-Year Yield-on-Cost % Related Terms

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Keyence (TSE:6861) Business Description

Industry
Traded in Other Exchanges
Address
1-3-14, Higashi-nakajima, Higashi-Yodogawa, Osaka, JPN, 533-8555
Keyence develops and sells factory automation sensors, machine vision systems, barcode readers, programmable logic controllers, laser markers, measuring instruments, and digital microscopes. The company has a fabless business model where manufacturing of its products is outsourced to qualified contract manufacturing companies, while it focuses on product planning and development. It serves customers in automotive, metals/machining, semiconductor/electronics, food, pharmaceutical, and other industries. Keyence was founded in 1972 and is headquartered in Osaka, Japan.

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