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Tsukuba Bank (TSE:8338) 5-Year Yield-on-Cost % : 3.33 (As of Apr. 28, 2024)


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

Tsukuba Bank's yield on cost for the quarter that ended in Dec. 2023 was 3.33.


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

TSE:8338' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.02   Med: 1.84   Max: 4.24
Current: 3.33


During the past 13 years, Tsukuba Bank's highest Yield on Cost was 4.24. The lowest was 1.02. And the median was 1.84.


TSE:8338's 5-Year Yield-on-Cost % is ranked worse than
71.31% of 1206 companies
in the Banks industry
Industry Median: 5 vs TSE:8338: 3.33

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

For the Banks - Regional subindustry, Tsukuba 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.


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

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

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



Tsukuba 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 Tsukuba Bank is calculated as

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

Tsukuba Bank  (TSE:8338) 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.


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

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Tsukuba Bank (TSE:8338) Business Description

Traded in Other Exchanges
N/A
Address
11th Takezono chome No. 7, Ibaraki Prefecture Tsuchiura, Yubinbango, Tsukuba, JPN, 305-0032
Tsukuba Bank Ltd is a Japan-based company engaged in the business of providing financial services. It provides services like deposits, loan products, and current and savings account.

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