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Tokyo Century (TSE:8439) 5-Year Yield-on-Cost % : 4.03 (As of Apr. 26, 2024)


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What is Tokyo Century 5-Year Yield-on-Cost %?

Tokyo Century's yield on cost for the quarter that ended in Dec. 2023 was 4.03.


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

TSE:8439' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.9   Med: 2.79   Max: 5.33
Current: 4.03


During the past 13 years, Tokyo Century's highest Yield on Cost was 5.33. The lowest was 0.90. And the median was 2.79.


TSE:8439's 5-Year Yield-on-Cost % is ranked better than
56.56% of 587 companies
in the Business Services industry
Industry Median: 3.55 vs TSE:8439: 4.03

Competitive Comparison of Tokyo Century's 5-Year Yield-on-Cost %

For the Rental & Leasing Services subindustry, Tokyo Century'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.


Tokyo Century's 5-Year Yield-on-Cost % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Tokyo Century's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Tokyo Century 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 Tokyo Century is calculated as

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

Tokyo Century  (TSE:8439) 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.


Tokyo Century 5-Year Yield-on-Cost % Related Terms

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Tokyo Century (TSE:8439) Business Description

Traded in Other Exchanges
Address
World Trade Center Building, 4-1 Hamamatsu-cho 2-chome, Minato-ku, Tokyo, JPN, 1056110
Century Tokyo Leasing Corp is a provider of various leasing and financing solutions. The company offers finance leases and operating leases, automobile leasing, instalment sales, real estate financing, ship financing, aviation financing, and account receivable financing and securitization. Century Tokyo Leasing specialises in information technology related equipment leasing as well as industrial equipment and machinery. The largest end markets for Century Tokyo Leasing are Japan and Ireland.

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