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Akebono Brake Industry Co (TSE:7238) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 17, 2024)


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What is Akebono Brake Industry Co 5-Year Yield-on-Cost %?

Akebono Brake Industry Co's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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


During the past 13 years, Akebono Brake Industry Co's highest Yield on Cost was 2.99. The lowest was 1.24. And the median was 2.16.


TSE:7238's 5-Year Yield-on-Cost % is not ranked *
in the Vehicles & Parts industry.
Industry Median: 2.42
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Akebono Brake Industry Co's 5-Year Yield-on-Cost %

For the Auto Parts subindustry, Akebono Brake Industry 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.


Akebono Brake Industry Co's 5-Year Yield-on-Cost % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Akebono Brake Industry Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Akebono Brake Industry 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 Akebono Brake Industry Co is calculated as

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

Akebono Brake Industry Co  (TSE:7238) 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.


Akebono Brake Industry Co 5-Year Yield-on-Cost % Related Terms

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Akebono Brake Industry Co (TSE:7238) Business Description

Traded in Other Exchanges
Address
19-5 Nihonbashi Koami-cho, Chuo-ku, Tokyo, JPN, 103-8534
Akebono Brake Industry Co Ltd engages in the manufacture and sale of brakes and its components. Its brakes are widely used in various applications, such as passenger and commercial vehicles, motorcycles, rail vehicles and industrial machinery. The firm's product portfolio consists of automobile brakes, motorcycle brakes, rolling stock brakes, industrial machinery brakes, sensors, and concept brake systems.

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