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Taoka Chemical Co (TSE:4113) 5-Year Yield-on-Cost % : 2.33 (As of May. 26, 2024)


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What is Taoka Chemical Co 5-Year Yield-on-Cost %?

Taoka Chemical Co's yield on cost for the quarter that ended in Dec. 2023 was 2.33.


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

TSE:4113' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.74   Med: 2.33   Max: 4.93
Current: 2.33


During the past 13 years, Taoka Chemical Co's highest Yield on Cost was 4.93. The lowest was 0.74. And the median was 2.33.


TSE:4113's 5-Year Yield-on-Cost % is ranked worse than
50.05% of 1051 companies
in the Chemicals industry
Industry Median: 2.33 vs TSE:4113: 2.33

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

For the Specialty Chemicals subindustry, Taoka Chemical 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.


Taoka Chemical Co's 5-Year Yield-on-Cost % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Taoka Chemical Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Taoka Chemical 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 Taoka Chemical Co is calculated as

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

Taoka Chemical Co  (TSE:4113) 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.


Taoka Chemical Co 5-Year Yield-on-Cost % Related Terms

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Taoka Chemical Co (TSE:4113) Business Description

Traded in Other Exchanges
N/A
Address
4-2-11 Nishi-mikuni, Yodogawa-ku, Osaka, JPN, 532 0006
Taoka Chemical Company, Limited is a Japanese manufacturer of specialty chemicals. Its products include intermediates like pharmaceutical, agricultural and recording materials, materials for electronic components, dyes; functional Chemicals like rubber additives and instant adhesives; functional Process Resins such as paper chemicals and varnishes; Plasticizers, and others.

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