GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nippon Electric Glass Co Ltd (TSE:5214) » Definitions » 5-Year Yield-on-Cost %

Nippon Electric Glass Co (TSE:5214) 5-Year Yield-on-Cost % : 4.11 (As of May. 12, 2024)


View and export this data going back to 1973. Start your Free Trial

What is Nippon Electric Glass Co 5-Year Yield-on-Cost %?

Nippon Electric Glass Co's yield on cost for the quarter that ended in Dec. 2023 was 4.11.


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

TSE:5214' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.28   Med: 4.25   Max: 10.08
Current: 4.11


During the past 13 years, Nippon Electric Glass Co's highest Yield on Cost was 10.08. The lowest was 1.28. And the median was 4.25.


TSE:5214's 5-Year Yield-on-Cost % is ranked better than
62.6% of 1361 companies
in the Hardware industry
Industry Median: 2.74 vs TSE:5214: 4.11

Competitive Comparison of Nippon Electric Glass Co's 5-Year Yield-on-Cost %

For the Electronic Components subindustry, Nippon Electric Glass 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.


Nippon Electric Glass Co's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nippon Electric Glass Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Nippon Electric Glass 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 Nippon Electric Glass Co is calculated as

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

Nippon Electric Glass Co  (TSE:5214) 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.


Nippon Electric Glass Co 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Nippon Electric Glass Co's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Nippon Electric Glass Co (TSE:5214) Business Description

Traded in Other Exchanges
Address
7-1, Seiran 2-chome, Shiga, Otsu, JPN, 520-8639
Nippon Electric Glass Co., Ltd. is in the business of production and sale of glass products and glassmaking machinery. Its business is divided into two categories Electronics and Information Technology and Performance Materials and Others. The company produces glass for flat panel displays, optical devices, chemical strengthening, electronic devices, solar cells, fiber and building materials. The company generates most of the sales from electronics and information technology category.

Nippon Electric Glass Co (TSE:5214) Headlines

No Headlines