Nichias (TSE:5393) 5-Year Yield-on-Cost % : 3.93 (As of May. 17, 2024)

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What is Nichias 5-Year Yield-on-Cost %?

Nichias's yield on cost for the quarter that ended in Mar. 2024 was 3.93.

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

TSE:5393' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.85 Med: 4.28 Max: 7.34
Current: 3.93

During the past 13 years, Nichias's highest Yield on Cost was 7.34. The lowest was 2.85. And the median was 4.28.

TSE:5393's 5-Year Yield-on-Cost % is ranked better than
56.12% of 335 companies
in the Conglomerates industry
Industry Median: 3.33 vs TSE:5393: 3.93

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

For the Conglomerates subindustry, Nichias'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.

Nichias's 5-Year Yield-on-Cost % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Nichias's 5-Year Yield-on-Cost % distribution charts can be found below:

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

Nichias 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 Nichias is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Nichias (TSE:5393) 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.

Nichias 5-Year Yield-on-Cost % Related Terms

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Nichias (TSE:5393) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Nichias Corp (TSE:5393) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

NICFF:USA

Address

6-1, Hatchobori 1-chome, Chuo-ku, Tokyo, JPN, 104-8555

Website

http://www.nichias.co.jp

Nichias Corp is engaged in five businesses, each contributing between roughly 10% and 30% of the company's total revenue. Energy and Industrial Plants, the largest business by sales, provides engineering services and products to energy plant customers that have construction and maintenance needs. Industrial Products provides a wide range of products to the infrastructure industry. Autoparts provides heat-proofing and sound-proofing products to automobile and automobile parts manufacturers. Building Materials supplies and installs fireproof building materials for residences and buildings. Advanced Products, the smallest business, provides components and materials for semiconductors to electronics-related industries. Nearly all the company's sales are in Asia, with more than 80% from Japan.

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