Meiwa (TSE:8103) 5-Year Yield-on-Cost % : 24.88 (As of Jun. 22, 2024)

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

Meiwa's yield on cost for the quarter that ended in Dec. 2023 was 24.88.

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

TSE:8103' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 6.8 Med: 12.31 Max: 94.29
Current: 24.88

During the past 13 years, Meiwa's highest Yield on Cost was 94.29. The lowest was 6.80. And the median was 12.31.

TSE:8103's 5-Year Yield-on-Cost % is ranked better than
93.27% of 104 companies
in the Industrial Distribution industry
Industry Median: 3.325 vs TSE:8103: 24.88

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

For the Industrial Distribution subindustry, Meiwa'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.

Meiwa's 5-Year Yield-on-Cost % Distribution in the Industrial Distribution Industry

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

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

Meiwa 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 Meiwa is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Meiwa (TSE:8103) 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.

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

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Meiwa (TSE:8103) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Meiwa Corp (TSE:8103) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-1, Marunouchi 3-chome, Chiyoda-ku, Tokyo, JPN, 100-8311

Website

http://www.meiwa.co.jp

Meiwa Corp is a Japan-based company. It operates in nine business divisions. The Battery Materials Division develops consistent values from mineral resources and other starting materials. The Resources and Environment Business Division deals with rare earth, rare metals, metal products, inorganic materials, and environmental business. Resin business offers raw materials for automobiles, and electric machinery. The Medical-related Development Division supports procurement and consignment of drug substances and pharmaceutical intermediates. The Building Materials Division is mainly engaged in the field of insulation, interior, waterproofing, and wooden packaging. The company is also engaged in automobile, high function material, and petroleum business development project.

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