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Miura Co (TSE:6005) 5-Year Yield-on-Cost % : 2.86 (As of May. 11, 2024)


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What is Miura Co 5-Year Yield-on-Cost %?

Miura Co's yield on cost for the quarter that ended in Dec. 2023 was 2.86.


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

TSE:6005' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.84   Med: 1.78   Max: 3.02
Current: 2.86


During the past 13 years, Miura Co's highest Yield on Cost was 3.02. The lowest was 0.84. And the median was 1.78.


TSE:6005's 5-Year Yield-on-Cost % is ranked better than
61.54% of 1854 companies
in the Industrial Products industry
Industry Median: 2.01 vs TSE:6005: 2.86

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

For the Specialty Industrial Machinery subindustry, Miura 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.


Miura Co's 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

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

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



Miura 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 Miura Co is calculated as

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

Miura Co  (TSE:6005) 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.


Miura Co 5-Year Yield-on-Cost % Related Terms

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Miura Co (TSE:6005) Business Description

Traded in Other Exchanges
N/A
Address
7 Horie-cho, Matsuyama, Ehime, JPN, 799-2696
Miura Co Ltd is a Japan based company engaged in production, sale, and maintenance of small once-through boilers, marine boilers, exhaust gas boilers, water treatment equipment, food processing equipment, sterilizers, and chemicals, environmental certification, among others.

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