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OBIC Co (TSE:4684) 5-Year Yield-on-Cost % : 3.35 (As of Apr. 26, 2024)


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

OBIC Co's yield on cost for the quarter that ended in Mar. 2024 was 3.35.


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

TSE:4684' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.49   Med: 2.59   Max: 4.22
Current: 3.35


During the past 13 years, OBIC Co's highest Yield on Cost was 4.22. The lowest was 1.49. And the median was 2.59.


TSE:4684's 5-Year Yield-on-Cost % is ranked better than
62.53% of 934 companies
in the Software industry
Industry Median: 2.235 vs TSE:4684: 3.35

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

For the Software - Application subindustry, OBIC 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.


OBIC Co's 5-Year Yield-on-Cost % Distribution in the Software Industry

For the Software industry and Technology sector, OBIC Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



OBIC 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 OBIC Co is calculated as

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

OBIC Co  (TSE:4684) 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.


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

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OBIC Co (TSE:4684) Business Description

Industry
Traded in Other Exchanges
Address
Obic Building, 2-4-15 Kyobashi, Chuo-ku, Tokyo, JPN, 104-8328
OBIC Co Ltd is a Japan-based IT service management company. Its principal operations are system integration services, system support services, office automation services, and package software services, providing customers with total solution services. The company's business segments include System Integration Services, OBIC7 series ERP software, System Support Services and Office Automation Services.

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