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Furuno Electric Co (TSE:6814) 5-Year Yield-on-Cost % : 7.92 (As of Apr. 29, 2024)


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What is Furuno Electric Co 5-Year Yield-on-Cost %?

Furuno Electric Co's yield on cost for the quarter that ended in Nov. 2023 was 7.92.


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

TSE:6814' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.73   Med: 4.25   Max: 11.33
Current: 7.92


During the past 13 years, Furuno Electric Co's highest Yield on Cost was 11.33. The lowest was 1.73. And the median was 4.25.


TSE:6814's 5-Year Yield-on-Cost % is ranked better than
83.33% of 1356 companies
in the Hardware industry
Industry Median: 2.825 vs TSE:6814: 7.92

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

For the Scientific & Technical Instruments subindustry, Furuno Electric 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.


Furuno Electric Co's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

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

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



Furuno Electric 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 Furuno Electric Co is calculated as

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

Furuno Electric Co  (TSE:6814) 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.


Furuno Electric Co 5-Year Yield-on-Cost % Related Terms

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Furuno Electric Co (TSE:6814) Business Description

Traded in Other Exchanges
N/A
Address
9-52 Ashihara-cho, Hyogo Prefecture, Nishinomiya City, JPN
Furuno Electric Co., Ltd is engaged in the business of producing marine related electronic equipment. The products portfolio includes fish sonar, GPS, Radar, Coastal monitoring system, Automatic identification system, Voyage data recorder, and satellite communications equipment.

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