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Tsubota Laboratory (TSE:4890) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 08, 2024)


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What is Tsubota Laboratory 5-Year Yield-on-Cost %?

Tsubota Laboratory's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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



TSE:4890's 5-Year Yield-on-Cost % is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 2.13
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Tsubota Laboratory's 5-Year Yield-on-Cost %

For the Medical Devices subindustry, Tsubota Laboratory'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.


Tsubota Laboratory's 5-Year Yield-on-Cost % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Tsubota Laboratory's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Tsubota Laboratory 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 Tsubota Laboratory is calculated as

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

Tsubota Laboratory  (TSE:4890) 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.


Tsubota Laboratory 5-Year Yield-on-Cost % Related Terms

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Tsubota Laboratory (TSE:4890) Business Description

Traded in Other Exchanges
N/A
Address
34 Shinanomachi, 304 Toshin Shinanomachi-ekimae Building, Shinjuku-ku, Tokyo, JPN, 160-0016
Tsubota Laboratory Inc is engaged in the research and development of pharmaceuticals and medical devices for the treatment of myopia, dry eyes, and presbyopia.

Tsubota Laboratory (TSE:4890) Headlines

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