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Ogaki Kyoritsu Bank (TSE:8361) 5-Year Yield-on-Cost % : 3.20 (As of May. 25, 2024)


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What is Ogaki Kyoritsu Bank 5-Year Yield-on-Cost %?

Ogaki Kyoritsu Bank's yield on cost for the quarter that ended in Dec. 2023 was 3.20.


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

TSE:8361' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.36   Med: 2.76   Max: 4.47
Current: 3.2


During the past 13 years, Ogaki Kyoritsu Bank's highest Yield on Cost was 4.47. The lowest was 1.36. And the median was 2.76.


TSE:8361's 5-Year Yield-on-Cost % is ranked worse than
74.04% of 1194 companies
in the Banks industry
Industry Median: 5.015 vs TSE:8361: 3.20

Competitive Comparison of Ogaki Kyoritsu Bank's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, Ogaki Kyoritsu Bank'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.


Ogaki Kyoritsu Bank's 5-Year Yield-on-Cost % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Ogaki Kyoritsu Bank's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Ogaki Kyoritsu Bank 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 Ogaki Kyoritsu Bank is calculated as

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

Ogaki Kyoritsu Bank  (TSE:8361) 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.


Ogaki Kyoritsu Bank 5-Year Yield-on-Cost % Related Terms

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Ogaki Kyoritsu Bank (TSE:8361) Business Description

Traded in Other Exchanges
N/A
Address
3-98 Kuruwa-machi, Ogaki, Gifu, JPN, 503-8602
Ogaki Kyoritsu Bank Ltd is a Japanese regional bank operating primarily in the island nation's Chubu region. The majority of the bank's branches and locations are in the Gifu and Aichi prefectures, along with its loans and deposits. The balance of the bank's deposits is primarily located in Gifu, while more of the loan balances are located in Aichi. While the bank has few locations in Tokyo/Osaka, it still has a sizable portion of its loan book exposed to the region. The bank has focused its efforts on easing customer access to conduct transactions through financial technology and information technology innovation. Most of its earning assets are in loans and bills discounted, and securities.

Ogaki Kyoritsu Bank (TSE:8361) Headlines

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