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Aozora Bank (TSE:8304) 5-Year Yield-on-Cost % : 4.60 (As of May. 01, 2024)


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What is Aozora Bank 5-Year Yield-on-Cost %?

Aozora Bank's yield on cost for the quarter that ended in Dec. 2023 was 4.60.


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

TSE:8304' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.02   Med: 4.95   Max: 8.59
Current: 4.6


During the past 13 years, Aozora Bank's highest Yield on Cost was 8.59. The lowest was 3.02. And the median was 4.95.


TSE:8304's 5-Year Yield-on-Cost % is ranked worse than
54.88% of 1208 companies
in the Banks industry
Industry Median: 5 vs TSE:8304: 4.60

Competitive Comparison of Aozora Bank's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, Aozora Bank'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.


Aozora Bank's 5-Year Yield-on-Cost % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Aozora Bank's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Aozora Bank 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 Aozora Bank is calculated as

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

Aozora Bank  (TSE:8304) 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.


Aozora Bank 5-Year Yield-on-Cost % Related Terms

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Aozora Bank (TSE:8304) Business Description

Traded in Other Exchanges
Address
3-1, Kudan-minami 1-chome, Chiyoda-ku, Tokyo, JPN, 102-8660
Aozora Bank Ltd is a full-service commercial bank with operations primarily in Japan. The bank's activities are divided into six areas of focus, including retail banking, corporate finance, financial institutions, specialty finance, international, and financial markets. Most of its retail banking activities are focused on asset management consulting activities to drive sales of investment products, primarily in investment trusts and structured notes. Corporate finance is mostly focused on providing solutions to small and medium-sized enterprises. Its specialty finance business is mostly focused on real estate and business recovery. Aozora's financial markets business mostly engages in derivatives along with asset and liability management.

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