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Kobe Steel (NGO:5406) 5-Year Yield-on-Cost %

: 4.45 (As of Today)
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Kobe Steel's yield on cost for the quarter that ended in Dec. 2023 was 4.45.


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

NGO:5406' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.14   Med: 2.98   Max: 7.76
Current: 4.45


During the past 13 years, Kobe Steel's highest Yield on Cost was 7.76. The lowest was 1.14. And the median was 2.98.


NGO:5406's 5-Year Yield-on-Cost % is ranked better than
57.42% of 357 companies
in the Steel industry
Industry Median: 3.53 vs NGO:5406: 4.45

Competitive Comparison

For the Steel subindustry, Kobe Steel'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.


Kobe Steel 5-Year Yield-on-Cost % Distribution

For the Steel industry and Basic Materials sector, Kobe Steel's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Kobe Steel's 5-Year Yield-on-Cost % falls into.



Kobe Steel 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 Kobe Steel is calculated as

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

Kobe Steel  (NGO:5406) 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.


Kobe Steel 5-Year Yield-on-Cost % Related Terms

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Kobe Steel (NGO:5406) Business Description

Traded in Other Exchanges
Address
2-4, Wakinohama-Kaigandori 2-chome, Chuo-ku, Kobe, Hyogo, JPN, 651-8585
Kobe Steel Ltd is a Japan-based company that is primarily engaged in iron and steel, aluminum and copper, construction machinery, nonconstruction machinery, and engineering businesses. Its iron and steel business involves production of steel products, steel casting and forging, and manufacturing of titanium and steel powder. Its aluminum and copper segment manufactures aluminum and copper products. Its construction machinery segment develops and manufactures construction equipment. The nonconstruction machinery segment offers industrial machinery, compressors and equipment for the nuclear and other energy industries. The engineering segment provides solutions to plants, power stations, and water treatment companies. Japan and China account for the majority of the company's revenue.

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