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Greenland Resort Co (TSE:9656) 5-Year Yield-on-Cost % : 2.23 (As of Apr. 27, 2024)


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What is Greenland Resort Co 5-Year Yield-on-Cost %?

Greenland Resort Co's yield on cost for the quarter that ended in Dec. 2023 was 2.23.


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

TSE:9656' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.99   Med: 2.24   Max: 4.06
Current: 2.23


During the past 13 years, Greenland Resort Co's highest Yield on Cost was 4.06. The lowest was 0.99. And the median was 2.24.


TSE:9656's 5-Year Yield-on-Cost % is ranked worse than
51.8% of 334 companies
in the Travel & Leisure industry
Industry Median: 2.41 vs TSE:9656: 2.23

Competitive Comparison of Greenland Resort Co's 5-Year Yield-on-Cost %

For the Resorts & Casinos subindustry, Greenland Resort 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.


Greenland Resort Co's 5-Year Yield-on-Cost % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Greenland Resort Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Greenland Resort 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 Greenland Resort Co is calculated as

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

Greenland Resort Co  (TSE:9656) 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.


Greenland Resort Co 5-Year Yield-on-Cost % Related Terms

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Greenland Resort Co (TSE:9656) Business Description

Traded in Other Exchanges
N/A
Address
1616 Shimoide, Arao, Kumamoto, JPN, 864-8691
Greenland Resort Co Ltd is a Japan-based company engages in the tourism business. It operates and manages amusement parks, golf courses, and sports facilities. It is also involved in restaurant management.

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