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The Bank of Toyama (TSE:8365) 5-Year Yield-on-Cost % : 2.71 (As of May. 22, 2024)


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What is The Bank of Toyama 5-Year Yield-on-Cost %?

The Bank of Toyama's yield on cost for the quarter that ended in Dec. 2023 was 2.71.


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

TSE:8365' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.03   Med: 1.91   Max: 3.95
Current: 2.71


During the past 13 years, The Bank of Toyama's highest Yield on Cost was 3.95. The lowest was 1.03. And the median was 1.91.


TSE:8365's 5-Year Yield-on-Cost % is ranked worse than
79.78% of 1192 companies
in the Banks industry
Industry Median: 4.98 vs TSE:8365: 2.71

Competitive Comparison of The Bank of Toyama's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, The Bank of Toyama'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.


The Bank of Toyama's 5-Year Yield-on-Cost % Distribution in the Banks Industry

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

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



The Bank of Toyama 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 The Bank of Toyama is calculated as

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

The Bank of Toyama  (TSE:8365) 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.


The Bank of Toyama 5-Year Yield-on-Cost % Related Terms

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The Bank of Toyama (TSE:8365) Business Description

Traded in Other Exchanges
N/A
Address
22 Moriyama-machi, Toyama Prefecture, Takaoka, JPN, 933-8606
The Bank of Toyama Ltd provides banking and financial services to customers. It offers services like time deposit, savings deposit, mutual fund, insurance, housing loan, car loan, education loan, and others.

The Bank of Toyama (TSE:8365) Headlines

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