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Hiroshima Gas Co (TSE:9535) 5-Year Yield-on-Cost % : 4.82 (As of May. 26, 2024)


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What is Hiroshima Gas Co 5-Year Yield-on-Cost %?

Hiroshima Gas Co's yield on cost for the quarter that ended in Dec. 2023 was 4.82.


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

TSE:9535' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.81   Med: 3.37   Max: 5.28
Current: 4.82


During the past 13 years, Hiroshima Gas Co's highest Yield on Cost was 5.28. The lowest was 1.81. And the median was 3.37.


TSE:9535's 5-Year Yield-on-Cost % is ranked worse than
50.1% of 499 companies
in the Oil & Gas industry
Industry Median: 4.82 vs TSE:9535: 4.82

Competitive Comparison of Hiroshima Gas Co's 5-Year Yield-on-Cost %

For the Oil & Gas Integrated subindustry, Hiroshima Gas 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.


Hiroshima Gas Co's 5-Year Yield-on-Cost % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Hiroshima Gas Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Hiroshima Gas 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 Hiroshima Gas Co is calculated as

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

Hiroshima Gas Co  (TSE:9535) 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.


Hiroshima Gas Co 5-Year Yield-on-Cost % Related Terms

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Hiroshima Gas Co (TSE:9535) Business Description

Traded in Other Exchanges
N/A
Address
2-7-1 Minami-machi, Minami-ku, Hiroshima, JPN, 734-8555
Hiroshima Gas Co Ltd engages in the gas business which includes the sale of gas appliances, liquefied natural gas (LNG), and liquefied petroleum gas (LPG). It engages in the production, supply, and sale of gas; wholesale supply of gas to other gas companies; sale of gas devices; and installation of gas equipment associated with gas devices, as well as safety inspections and gas meter data collection activities. The company is also involved in the sale of LPG and LPG devices; refilling of LPG tanks; installation of LPG pipes; and construction of gas pipes and lines. In addition, it engages in the engineering; machinery installation; fees collection and call center operation; and information distribution activities, as well as provision of services for seniors.

Hiroshima Gas Co (TSE:9535) Headlines

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