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Olympus (Olympus) 5-Year Yield-on-Cost % : 0.81 (As of Apr. 28, 2024)


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What is Olympus 5-Year Yield-on-Cost %?

Olympus's yield on cost for the quarter that ended in Dec. 2023 was 0.81.


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

OLYMY' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.2   Med: 0.53   Max: 1.62
Current: 0.81


During the past 13 years, Olympus's highest Yield on Cost was 1.62. The lowest was 0.20. And the median was 0.53.


OLYMY's 5-Year Yield-on-Cost % is ranked worse than
81.03% of 311 companies
in the Medical Devices & Instruments industry
Industry Median: 2.17 vs OLYMY: 0.81

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

For the Medical Instruments & Supplies subindustry, Olympus'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.


Olympus's 5-Year Yield-on-Cost % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Olympus's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Olympus 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 Olympus is calculated as

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

Olympus  (OTCPK:OLYMY) 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.


Olympus 5-Year Yield-on-Cost % Related Terms

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Olympus (Olympus) Business Description

Traded in Other Exchanges
Address
Shinjuku Monolith, 2-3-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo, JPN, 163-0914
Olympus Corp manufactures and sells precision instruments for the healthcare industry. The firm operates in three segments: scientific solutions, imaging, and medical. The scientific solutions segment sells microscopes and other imaging tools to life sciences and industrial customers. The imaging segment sells digital cameras under the Olympus brand. The medical segment supplies medical equipment, including gastrointestinal and surgical endoscopes and endotherapy devices. This segment generates the vast majority of revenue. Sales in Asia and North America contribute the largest proportions of revenue.