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Bando Chemical Industries (TSE:5195) 5-Year Yield-on-Cost % : 9.18 (As of May. 25, 2024)


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What is Bando Chemical Industries 5-Year Yield-on-Cost %?

Bando Chemical Industries's yield on cost for the quarter that ended in Mar. 2024 was 9.18.


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

TSE:5195' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 4.44   Med: 6.22   Max: 13.93
Current: 9.18


During the past 13 years, Bando Chemical Industries's highest Yield on Cost was 13.93. The lowest was 4.44. And the median was 6.22.


TSE:5195's 5-Year Yield-on-Cost % is ranked better than
92.25% of 1871 companies
in the Industrial Products industry
Industry Median: 2.06 vs TSE:5195: 9.18

Competitive Comparison of Bando Chemical Industries's 5-Year Yield-on-Cost %

For the Specialty Industrial Machinery subindustry, Bando Chemical Industries'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.


Bando Chemical Industries's 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bando Chemical Industries's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Bando Chemical Industries 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 Bando Chemical Industries is calculated as

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

Bando Chemical Industries  (TSE:5195) 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.


Bando Chemical Industries 5-Year Yield-on-Cost % Related Terms

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Bando Chemical Industries (TSE:5195) Business Description

Traded in Other Exchanges
N/A
Address
6-6, Minatojima Minamimachi 4-chome, Chuo-ku, Kobe, JPN, 650-0047
Bando Chemical Industries Ltd manufactures and sells rubber and plastic products such as power transmission belts and systems, belts used in precision equipment, and multimedia parts made form urethane and resins. It operates its business under Belt, Advanced Elastomer Products, and Other segments. Belt segment manufactures and sells transmission belts for automobiles and general industry use, conveyor belts, resin conveyor belts, synchronous conveyor belts, transportation system products, hulling roll and railway track product, among others. Elastomer segment manufactures and sells polyurethane functional components, precision abrasives, films for building materials, medical films and industrial films, among others. Bando earns the majority of its revenue from Belt business.

Bando Chemical Industries (TSE:5195) Headlines

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