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Micreed Co (TSE:7687) 5-Year Yield-on-Cost % : 1.70 (As of Jun. 21, 2024)


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

Micreed Co's yield on cost for the quarter that ended in Dec. 2023 was 1.70.


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

TSE:7687' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.25   Med: 0.76   Max: 1.98
Current: 1.7


During the past 6 years, Micreed Co's highest Yield on Cost was 1.98. The lowest was 0.25. And the median was 0.76.


TSE:7687's 5-Year Yield-on-Cost % is ranked worse than
75.98% of 204 companies
in the Retail - Defensive industry
Industry Median: 2.995 vs TSE:7687: 1.70

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

For the Food Distribution subindustry, Micreed 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.


Micreed Co's 5-Year Yield-on-Cost % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Micreed Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Micreed 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 Micreed Co is calculated as

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

Micreed Co  (TSE:7687) 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.


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

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Micreed Co (TSE:7687) Business Description

Traded in Other Exchanges
N/A
Address
2-16-13 Nihonbashi, Chuo-ku, Landic Nihonbashi Building 9th Floor, Tokyo- Shipping Center, Chiba Prefecture, Order Center Saga City, Saga Prefecture, Narashino, JPN, 103-0027
Micreed Co Ltd is engaged in planning and sales of commercial ingredients for restaurants. The company sells products such as meat, fish, vegetables, skewers, fried foods and desserts, frozen foods. It serves small and medium-sized restaurants, mainly privately owned izakayas.

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