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Tamron Co (Tamron Co) 5-Year Yield-on-Cost % : 7.35 (As of May. 05, 2024)


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What is Tamron Co 5-Year Yield-on-Cost %?

Tamron Co's yield on cost for the quarter that ended in Dec. 2023 was 7.35.


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

TMRNF' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 4.81   Med: 7.38   Max: 12.78
Current: 7.35


During the past 13 years, Tamron Co's highest Yield on Cost was 12.78. The lowest was 4.81. And the median was 7.38.


TMRNF's 5-Year Yield-on-Cost % is ranked better than
83.53% of 334 companies
in the Travel & Leisure industry
Industry Median: 2.44 vs TMRNF: 7.35

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

For the Leisure subindustry, Tamron 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.


Tamron Co's 5-Year Yield-on-Cost % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tamron Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Tamron 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 Tamron Co is calculated as

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

Tamron Co  (OTCPK:TMRNF) 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.


Tamron Co 5-Year Yield-on-Cost % Related Terms

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Tamron Co (Tamron Co) Business Description

Traded in Other Exchanges
Address
1385 Hasunuma, Minuma-ku, Saitama, JPN, 337-8556
Tamron Co Ltd is a Japanese manufacturer of optical and photographic lenses. The company organises itself into three segments: photographic products, optical components, and commercial/industrial-use optics. The photographic products segment, which contributes most company revenue, produces interchangeable lenses for SLR cameras. The optical components segment includes mobile phone, camcorder, and digital camera lenses. The commercial/industrial-use optics segment, the second largest contributor to revenue, produces lenses for CCTV cameras and automotive cameras. The company's most significant geographical segment is Asia (ex. Japan), followed by sales made in Japan, in Europe, and in North America.

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