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Meiho Enterprise Co (TSE:8927) 5-Year Yield-on-Cost % : 6.28 (As of Jun. 20, 2024)


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What is Meiho Enterprise Co 5-Year Yield-on-Cost %?

Meiho Enterprise Co's yield on cost for the quarter that ended in Apr. 2024 was 6.28.


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

TSE:8927' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.45   Med: 4.81   Max: 10.11
Current: 6.28


During the past 13 years, Meiho Enterprise Co's highest Yield on Cost was 10.11. The lowest was 1.45. And the median was 4.81.


TSE:8927's 5-Year Yield-on-Cost % is ranked better than
68.64% of 877 companies
in the Real Estate industry
Industry Median: 3.73 vs TSE:8927: 6.28

Competitive Comparison of Meiho Enterprise Co's 5-Year Yield-on-Cost %

For the Real Estate - Diversified subindustry, Meiho Enterprise 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.


Meiho Enterprise Co's 5-Year Yield-on-Cost % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Meiho Enterprise Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Meiho Enterprise 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 Meiho Enterprise Co is calculated as

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

Meiho Enterprise Co  (TSE:8927) 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.


Meiho Enterprise Co 5-Year Yield-on-Cost % Related Terms

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Meiho Enterprise Co (TSE:8927) Business Description

Traded in Other Exchanges
N/A
Address
2-10-11 Meguro, Meguro-ku, 5th Floor Meguro Yamate Place, Tokyo, JPN, 153-0063
Meiho Enterprise Co Ltd is a real estate company engaged in the sale of residential properties. Its business is divided into Real estate development/sales business;Real estate leasing business; and Real estate brokerage business.

Meiho Enterprise Co (TSE:8927) Headlines

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