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Nisshinbo Holdings (Nisshinbo Holdings) 5-Year Yield-on-Cost % : 3.40 (As of Apr. 28, 2024)


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What is Nisshinbo Holdings 5-Year Yield-on-Cost %?

Nisshinbo Holdings's yield on cost for the quarter that ended in Dec. 2023 was 3.40.


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

NSHBY' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.22   Med: 3.46   Max: 6.94
Current: 3.4


During the past 13 years, Nisshinbo Holdings's highest Yield on Cost was 6.94. The lowest was 1.22. And the median was 3.46.


NSHBY's 5-Year Yield-on-Cost % is ranked better than
54.44% of 338 companies
in the Conglomerates industry
Industry Median: 3.385 vs NSHBY: 3.40

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

For the Conglomerates subindustry, Nisshinbo Holdings'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.


Nisshinbo Holdings's 5-Year Yield-on-Cost % Distribution in the Conglomerates Industry

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

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



Nisshinbo Holdings 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 Nisshinbo Holdings is calculated as

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

Nisshinbo Holdings  (OTCPK:NSHBY) 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.


Nisshinbo Holdings 5-Year Yield-on-Cost % Related Terms

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Nisshinbo Holdings (Nisshinbo Holdings) Business Description

Traded in Other Exchanges
Address
2-31-11, Ningyo-cho, Nihonbashi, Chuo-ku, Tokyo, JPN, 103-8650
Nisshinbo Holdings Inc is a Japan-based company that is primarily engaged in electronics, automobile brake, textile, paper, and precision instrument businesses. The company's electronics business provides shipping navigation technology, network equipment, microwave-related products, semiconductor devices, and others. The automobile brake business manufactures friction materials and assembly products. The textile business primarily manufactures non-iron shirts, non-woven fabrics, and spandex. The paper business mainly manufactures household paper, specialty paper, and processed paper products. The precision instrument business produces plastic molding parts, precision parts and others.

Nisshinbo Holdings (Nisshinbo Holdings) Headlines