SPARX Group Co (TSE:8739) 5-Year Yield-on-Cost % : 13.04 (As of Apr. 30, 2024)

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What is SPARX Group Co 5-Year Yield-on-Cost %?

SPARX Group Co's yield on cost for the quarter that ended in Dec. 2023 was 13.04.

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

TSE:8739' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.2 Med: 5.36 Max: 13.04
Current: 13.04

During the past 13 years, SPARX Group Co's highest Yield on Cost was 13.04. The lowest was 1.20. And the median was 5.36.

TSE:8739's 5-Year Yield-on-Cost % is ranked better than
88.28% of 1212 companies
in the Asset Management industry
Industry Median: 5.995 vs TSE:8739: 13.04

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

For the Asset Management subindustry, SPARX Group 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.

SPARX Group Co's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, SPARX Group Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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

SPARX Group 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 SPARX Group Co is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

SPARX Group Co (TSE:8739) 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.

SPARX Group Co 5-Year Yield-on-Cost % Related Terms

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SPARX Group Co (TSE:8739) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » SPARX Group Co Ltd (TSE:8739) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

SRXXF:USA

Address

1-2-70 Konan, Shinagawa Season Terrace, 6th Floor, Minato-ku, Tokyo, JPN, 108 0075

Website

http://www.sparx.jp

SPARX Group Co Ltd is a Japan-based holding company engaged in the Asset Management Business and Investment Advisory Business, through its subsidiaries. It operates a variety of investment strategies through a host of entities. The group invests on behalf of corporate pension annuities, government entities, private and trust banks, and public pension funds. Strategies include Japanese equity, Asia ex-Japan alternatives, and Korean strategies. In addition to mutual fund offerings, the company offers advisory services to customers in Japan. Mutual fund offerings are offered directly or through brokerage houses, banks, and other intermediaries globally.

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