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Nagoya Electric Works Co (NGO:6797) 5-Year Yield-on-Cost % : 3.68 (As of May. 13, 2024)


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What is Nagoya Electric Works Co 5-Year Yield-on-Cost %?

Nagoya Electric Works Co's yield on cost for the quarter that ended in Dec. 2023 was 3.68.


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

NGO:6797' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.91   Med: 1.62   Max: 4.48
Current: 3.68


During the past 13 years, Nagoya Electric Works Co's highest Yield on Cost was 4.48. The lowest was 0.91. And the median was 1.62.


NGO:6797's 5-Year Yield-on-Cost % is ranked better than
52.64% of 587 companies
in the Business Services industry
Industry Median: 3.46 vs NGO:6797: 3.68

Competitive Comparison of Nagoya Electric Works Co's 5-Year Yield-on-Cost %

For the Security & Protection Services subindustry, Nagoya Electric Works 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.


Nagoya Electric Works Co's 5-Year Yield-on-Cost % Distribution in the Business Services Industry

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

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



Nagoya Electric Works 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 Nagoya Electric Works Co is calculated as

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

Nagoya Electric Works Co  (NGO:6797) 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.


Nagoya Electric Works Co 5-Year Yield-on-Cost % Related Terms

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Nagoya Electric Works Co (NGO:6797) Business Description

Traded in Other Exchanges
N/A
Address
Shinoda Mentoku 29-1, Aichi Prefecture, Yubinbango, Ama City, JPN, 490-1294
Nagoya Electric Works Co Ltd provides various road traffic information systems for public works and focuses on the expansion of the inspection equipment business for private enterprises in the automotive/electronic equipment industries. Its Information Equipment Business Division includes ITS information device, Automotive product and LED lighting. Its automotive products include red diffused light warning light, smart friix, portable sign device, self-propelled sign car.

Nagoya Electric Works Co (NGO:6797) Headlines

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