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Niterra Co (TSE:5334) 5-Year Yield-on-Cost % : 7.37 (As of Apr. 28, 2024)


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

Niterra Co's yield on cost for the quarter that ended in Dec. 2023 was 7.37.


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

TSE:5334' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.97   Med: 5.95   Max: 15.08
Current: 7.37


During the past 13 years, Niterra Co's highest Yield on Cost was 15.08. The lowest was 1.97. And the median was 5.95.


TSE:5334's 5-Year Yield-on-Cost % is ranked better than
86.94% of 804 companies
in the Vehicles & Parts industry
Industry Median: 2.38 vs TSE:5334: 7.37

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

For the Auto Parts subindustry, Niterra 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.


Niterra Co's 5-Year Yield-on-Cost % Distribution in the Vehicles & Parts Industry

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

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



Niterra 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 Niterra Co is calculated as

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

Niterra Co  (TSE:5334) 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.


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

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Niterra Co (TSE:5334) Business Description

Traded in Other Exchanges
Address
14-18, Takatsuji-cho, Mizuho-ku, Nagoya, JPN, 467-8525
Niterra Co Ltd is a producer of spark plugs for internal combustion engines in the automotive industry and various ceramic products and tools. Under its two brands NGK Spark Plugs and NTK Technical Ceramics, the company produces spark plugs, glow plugs, sensors, semiconductor packages, cutting tools, medical products, and fine ceramics. NGK's largest end markets are Asia including Japan, North America, and Europe. The company produces in Japan and Brazil, while subsidiaries across the globe assemble and sell parts in their respective regions. The automotive components division generates the lion's share of sales for NGK Spark Plug.

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