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Horai Co (TSE:9679) 5-Year Yield-on-Cost % : 1.73 (As of May. 12, 2024)


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What is Horai Co 5-Year Yield-on-Cost %?

Horai Co's yield on cost for the quarter that ended in Mar. 2024 was 1.73.


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

TSE:9679' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.67   Med: 2.35   Max: 3.52
Current: 1.73


During the past 13 years, Horai Co's highest Yield on Cost was 3.52. The lowest was 1.67. And the median was 2.35.


TSE:9679's 5-Year Yield-on-Cost % is ranked worse than
80.3% of 396 companies
in the Insurance industry
Industry Median: 3.91 vs TSE:9679: 1.73

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

For the Insurance - Diversified subindustry, Horai 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.


Horai Co's 5-Year Yield-on-Cost % Distribution in the Insurance Industry

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

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



Horai 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 Horai Co is calculated as

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

Horai Co  (TSE:9679) 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.


Horai Co 5-Year Yield-on-Cost % Related Terms

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Horai Co (TSE:9679) Business Description

Traded in Other Exchanges
N/A
Address
Number 14, Number 5, Ginza, Chuo-ku, Tokyo, JPN, 104-0061
Horai Co Ltd is engaged in the life insurance business, leasing and management of buildings and real estate, manufacture and sale of milk and dairy products, breeding, milking, and fed production of dairy cattle, and management of restaurants and tourist facilities.

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