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Nishio Holdings Co (TSE:9699) 5-Year Yield-on-Cost % : 4.43 (As of Jun. 22, 2024)


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What is Nishio Holdings Co 5-Year Yield-on-Cost %?

Nishio Holdings Co's yield on cost for the quarter that ended in Mar. 2024 was 4.43.


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

TSE:9699' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.87   Med: 3.44   Max: 6.25
Current: 4.43


During the past 13 years, Nishio Holdings Co's highest Yield on Cost was 6.25. The lowest was 0.87. And the median was 3.44.


TSE:9699's 5-Year Yield-on-Cost % is ranked better than
62.23% of 601 companies
in the Business Services industry
Industry Median: 3.42 vs TSE:9699: 4.43

Competitive Comparison of Nishio Holdings Co's 5-Year Yield-on-Cost %

For the Rental & Leasing Services subindustry, Nishio Holdings 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.


Nishio Holdings Co's 5-Year Yield-on-Cost % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Nishio Holdings Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Nishio Holdings 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 Nishio Holdings Co is calculated as

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

Nishio Holdings Co  (TSE:9699) 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.


Nishio Holdings Co 5-Year Yield-on-Cost % Related Terms

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Nishio Holdings Co (TSE:9699) Business Description

Traded in Other Exchanges
N/A
Address
No. 1-11-17, Higashi Shinsaibashi, Chou-ku, Osaka, JPN, 542-0083
Nishio Holdings Co Ltd is a provider of rental construction and industrial machinery. The company offers rental solutions for construction and industrial machinery, mounting and tunnelling machines for mining operations, and water purification and recycling equipment. The company, through its subsidiaries, also designs, manufactures, and repairs tunnelling machines and other special vehicles, such as special transfer locomotives and battery-driven vehicles at construction sites. The company operates in Asia.

Nishio Holdings Co (TSE:9699) Headlines

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