Riken Technos (TSE:4220) 5-Year Yield-on-Cost % : 5.69 (As of May. 26, 2024)

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What is Riken Technos 5-Year Yield-on-Cost %?

Riken Technos's yield on cost for the quarter that ended in Dec. 2023 was 5.69.

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

TSE:4220' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.4 Med: 4.45 Max: 8.85
Current: 5.69

During the past 13 years, Riken Technos's highest Yield on Cost was 8.85. The lowest was 2.40. And the median was 4.45.

TSE:4220's 5-Year Yield-on-Cost % is ranked better than
79.92% of 1051 companies
in the Chemicals industry
Industry Median: 2.33 vs TSE:4220: 5.69

Competitive Comparison of Riken Technos's 5-Year Yield-on-Cost %

For the Chemicals subindustry, Riken Technos'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.

Riken Technos's 5-Year Yield-on-Cost % Distribution in the Chemicals Industry

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

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

Riken Technos 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 Riken Technos is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Riken Technos (TSE:4220) 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.

Riken Technos 5-Year Yield-on-Cost % Related Terms

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Riken Technos (TSE:4220) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Riken Technos Corp (TSE:4220) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-101, Kanda-Awajicho, Waterras Tower, Chiyoda-ku, Tokyo, JPN, 101-8336

Website

http://www.rikentechnos.co.jp

Riken Technos Corp engages in the production and sale of synthetic resin products. Its operations are carried out through the following businesses: Compound, Film, Food Wrapping, and Others. The compound unit deals with synthetic resin mixtures in the form of pellets as primary materials for plastic molded products. The Film business handles synthetic resin processed into films. The Food Wrapping business manages thin synthetic resin films for food packaging use.

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