Kenedix Residential Next Investment (TSE:3278) 5-Year Yield-on-Cost % : 4.90 (As of May. 14, 2024)

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What is Kenedix Residential Next Investment 5-Year Yield-on-Cost %?

Kenedix Residential Next Investment's yield on cost for the quarter that ended in Jan. 2023 was 4.90.

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

TSE:3278' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 4.04 Med: 5.05 Max: 9.22
Current: 4.9

During the past 10 years, Kenedix Residential Next Investment's highest Yield on Cost was 9.22. The lowest was 4.04. And the median was 5.05.

TSE:3278's 5-Year Yield-on-Cost % is not ranked
in the REITs industry.
Industry Median: 6.995 vs TSE:3278: 4.90

Competitive Comparison of Kenedix Residential Next Investment's 5-Year Yield-on-Cost %

For the REIT - Residential subindustry, Kenedix Residential Next Investment'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.

Kenedix Residential Next Investment's 5-Year Yield-on-Cost % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Kenedix Residential Next Investment's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Kenedix Residential Next Investment's 5-Year Yield-on-Cost % falls into.

Kenedix Residential Next Investment 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 Kenedix Residential Next Investment is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Kenedix Residential Next Investment (TSE:3278) 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.

Kenedix Residential Next Investment 5-Year Yield-on-Cost % Related Terms

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Kenedix Residential Next Investment (TSE:3278) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Kenedix Residential Next Investment Corp (TSE:3278) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-1-6 Uchisaiwaicho, Chiyoda-ku, Tokyo, JPN, 105-0004

Website

https://www.kdr-reit.com

Kenedix Residential Next Investment Corp is a Japanese real estate investment trust that acquires, owns, and leases residential properties throughout Japan. In terms of total acquisition price, the majority of the company's real estate portfolio is composed of residential developments in the Tokyo Metropolitan Area. The rest of Kenedix Residential's holdings are located in other Japanese regional areas. The vast majority of the company's assets are split between small family and studio residential units. Family dwellings also make up a sizable amount of Kenedix's portfolio. The company derives nearly all of its operating income in the form of rental revenue from leasing its properties to tenants. Small family residential units contribute the largest share of this income.

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