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Takamiya Co (TSE:2445) 5-Year Yield-on-Cost % : 3.90 (As of May. 21, 2024)


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

Takamiya Co's yield on cost for the quarter that ended in Dec. 2023 was 3.90.


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

TSE:2445' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.86   Med: 2.39   Max: 5.55
Current: 3.9


During the past 13 years, Takamiya Co's highest Yield on Cost was 5.55. The lowest was 0.86. And the median was 2.39.


TSE:2445's 5-Year Yield-on-Cost % is ranked better than
57.72% of 589 companies
in the Business Services industry
Industry Median: 3.36 vs TSE:2445: 3.90

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

For the Rental & Leasing Services subindustry, Takamiya 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.


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

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

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



Takamiya 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 Takamiya Co is calculated as

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

Takamiya Co  (TSE:2445) 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.


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

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Takamiya Co (TSE:2445) Business Description

Traded in Other Exchanges
N/A
Address
Grand Front Osaka, Tower-B Building, 27th Floor, 3-1, Ofuka-cho, Kita-ku, Osaka, JPN, 530-0011
Takamiya Co Ltd is a Japan based company engaged in the sale and rental of temporary machinery and materials for construction use. It offers clamps, standing bears, power frames, safety walks, freely domes, lift climbers, and tiger dams, as well as V-max, YT lock, and Iq systems.

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