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Trinity Industrial (TSE:6382) 5-Year Yield-on-Cost % : 3.20 (As of May. 25, 2024)


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What is Trinity Industrial 5-Year Yield-on-Cost %?

Trinity Industrial's yield on cost for the quarter that ended in Dec. 2023 was 3.20.


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

TSE:6382' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.28   Med: 3.07   Max: 6.45
Current: 3.2


During the past 13 years, Trinity Industrial's highest Yield on Cost was 6.45. The lowest was 1.28. And the median was 3.07.


TSE:6382's 5-Year Yield-on-Cost % is ranked better than
60.44% of 809 companies
in the Vehicles & Parts industry
Industry Median: 2.39 vs TSE:6382: 3.20

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

For the Auto Parts subindustry, Trinity Industrial'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.


Trinity Industrial's 5-Year Yield-on-Cost % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Trinity Industrial's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Trinity Industrial 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 Trinity Industrial is calculated as

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

Trinity Industrial  (TSE:6382) 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.


Trinity Industrial 5-Year Yield-on-Cost % Related Terms

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Trinity Industrial (TSE:6382) Business Description

Traded in Other Exchanges
N/A
Address
1-9 Kakimoto-cho, Toyota city, Aichi, Toyota, JPN, 471-0855
Trinity Industrial Corp is a Japan-based company mainly engaged in the manufacturing and sale of auto parts. It operates in two business divisions including Equipment division, and Auto parts division. The Equipment division manufactures and sells coating plants, coating machinery, industrial machinery, two-component coating equipment, automatic paint recoloring equipment and various coating equipment. The Automobile Component division provides interior and exterior products, including steering handles, door switch bases, and side mudguards.

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