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Hitachi Construction Machinery Co (TSE:6305) 5-Year Yield-on-Cost % : 4.75 (As of Apr. 25, 2024)


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What is Hitachi Construction Machinery Co 5-Year Yield-on-Cost %?

Hitachi Construction Machinery Co's yield on cost for the quarter that ended in Mar. 2024 was 4.75.


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

TSE:6305' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.52   Med: 3.56   Max: 7.22
Current: 4.75


During the past 13 years, Hitachi Construction Machinery Co's highest Yield on Cost was 7.22. The lowest was 0.52. And the median was 3.56.


TSE:6305's 5-Year Yield-on-Cost % is ranked better than
64.39% of 132 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 2.49 vs TSE:6305: 4.75

Competitive Comparison of Hitachi Construction Machinery Co's 5-Year Yield-on-Cost %

For the Farm & Heavy Construction Machinery subindustry, Hitachi Construction Machinery 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.


Hitachi Construction Machinery Co's 5-Year Yield-on-Cost % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Hitachi Construction Machinery Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Hitachi Construction Machinery 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 Hitachi Construction Machinery Co is calculated as

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

Hitachi Construction Machinery Co  (TSE:6305) 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.


Hitachi Construction Machinery Co 5-Year Yield-on-Cost % Related Terms

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Hitachi Construction Machinery Co (TSE:6305) Business Description

Traded in Other Exchanges
Address
16-1, Higashiueno 2-chome, Taito-ku, Tokyo, JPN, 110-0015
Hitachi Construction Machinery, or HCM, manufactures and sells construction and mining machinery, and provides related services such as parts supply, rentals, and others. HCM was established in 1970 as a subsidiary of Hitachi, but its origins date back to 1949 when it introduced Japan's first mechanical excavator. The company's main products include hydraulic excavators for mining/construction, rigid dump trucks, and wheel loaders. As of August 2022, Hitachi is no longer the parent company of HCM, after selling 26% of its stake to HCJI Holdings, a joint venture between Itochu and Japan Industrial Partners. Currently, Hitachi has a 25.4% stake in Hitachi Construction Machinery as an equity-method affiliate. HCM is based in Tokyo, Japan.

Hitachi Construction Machinery Co (TSE:6305) Headlines

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