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TOKYO KEIKI (TSE:7721) 5-Year Yield-on-Cost % : 1.69 (As of May. 06, 2024)


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What is TOKYO KEIKI 5-Year Yield-on-Cost %?

TOKYO KEIKI's yield on cost for the quarter that ended in Dec. 2023 was 1.69.


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

TSE:7721' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.24   Med: 2.64   Max: 5.42
Current: 1.69


During the past 13 years, TOKYO KEIKI's highest Yield on Cost was 5.42. The lowest was 1.24. And the median was 2.64.


TSE:7721's 5-Year Yield-on-Cost % is ranked worse than
64.45% of 1356 companies
in the Hardware industry
Industry Median: 2.795 vs TSE:7721: 1.69

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

For the Scientific & Technical Instruments subindustry, TOKYO KEIKI'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.


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

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

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



TOKYO KEIKI 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 TOKYO KEIKI is calculated as

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

TOKYO KEIKI  (TSE:7721) 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.


TOKYO KEIKI 5-Year Yield-on-Cost % Related Terms

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TOKYO KEIKI (TSE:7721) Business Description

Traded in Other Exchanges
N/A
Address
2-16-46, Minami-Kamata, Ohta-ku, Tokyo, JPN, 144-8551
TOKYO KEIKI Inc is engaged in the manufacture of marine devices, sensors, construction systems, flow and level measurement devices, radars, fluid power systems, among others.

TOKYO KEIKI (TSE:7721) Headlines

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