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Techno Horizon Co (TSE:6629) 5-Year Yield-on-Cost % : 2.12 (As of Apr. 28, 2024)


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What is Techno Horizon Co 5-Year Yield-on-Cost %?

Techno Horizon Co's yield on cost for the quarter that ended in Dec. 2023 was 2.12.


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

TSE:6629' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.2   Med: 0.96   Max: 6.9
Current: 2.12


During the past 13 years, Techno Horizon Co's highest Yield on Cost was 6.90. The lowest was 0.20. And the median was 0.96.


TSE:6629's 5-Year Yield-on-Cost % is ranked worse than
59.11% of 1355 companies
in the Hardware industry
Industry Median: 2.83 vs TSE:6629: 2.12

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

For the Electronic Components subindustry, Techno Horizon 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.


Techno Horizon Co's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

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

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



Techno Horizon 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 Techno Horizon Co is calculated as

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

Techno Horizon Co  (TSE:6629) 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.


Techno Horizon Co 5-Year Yield-on-Cost % Related Terms

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Techno Horizon Co (TSE:6629) Business Description

Traded in Other Exchanges
N/A
Address
2-13-1 Chikama-tori, Minami-ku, Nagoya, Aichi, JPN, 457-0071
Techno Horizon Co Ltd is a Japan-based company engaged in optical business and electronic business. The company manufactures and sells optical, electrical, medical, and precision equipment; develops, manufactures, and sells information and communication equipment, FA related equipment, and other electronic devices; and produces and sells various optical lenses and plastic moulded products, as well as provides system integration services.

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