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Aichi Steel (TSE:5482) 5-Year Yield-on-Cost % : 1.19 (As of May. 20, 2024)


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What is Aichi Steel 5-Year Yield-on-Cost %?

Aichi Steel's yield on cost for the quarter that ended in Mar. 2024 was 1.19.


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

TSE:5482' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.31   Med: 0.99   Max: 2.27
Current: 1.19


During the past 13 years, Aichi Steel's highest Yield on Cost was 2.27. The lowest was 0.31. And the median was 0.99.


TSE:5482's 5-Year Yield-on-Cost % is ranked worse than
76.62% of 355 companies
in the Steel industry
Industry Median: 3.44 vs TSE:5482: 1.19

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

For the Steel subindustry, Aichi Steel'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.


Aichi Steel's 5-Year Yield-on-Cost % Distribution in the Steel Industry

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

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



Aichi Steel 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 Aichi Steel is calculated as

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

Aichi Steel  (TSE:5482) 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.


Aichi Steel 5-Year Yield-on-Cost % Related Terms

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Aichi Steel (TSE:5482) Business Description

Traded in Other Exchanges
N/A
Address
1 Wanowari Araomachi, Aichi-ken, Tokai, JPN, 476-8666
Aichi Steel Corp is a Japan-based company that manufactures and sells steel, forged products and electro-magnetic products. The company operates through four segments. The steel segment manufactures and sells specialty steel, stainless steel, and titanium. The forged product segment produces a wide variety of forgings. The electromagnetic products segment manufactures electromagnetic components. The steel and forged products segments are the two biggest segments, representing the majority of Aichi Steel's sales. Aichi Steel is a member of Toyota Group. Toyota Motor and Toyota Tsusho are its major customers. The company generates most of its revenue from the Japanese domestic market.

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