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Japan Electronic Materials (TSE:6855) 5-Year Yield-on-Cost % : 6.20 (As of May. 27, 2024)


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What is Japan Electronic Materials 5-Year Yield-on-Cost %?

Japan Electronic Materials's yield on cost for the quarter that ended in Dec. 2023 was 6.20.


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

TSE:6855' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.43   Med: 9.25   Max: 20.11
Current: 6.2


During the past 13 years, Japan Electronic Materials's highest Yield on Cost was 20.11. The lowest was 2.43. And the median was 9.25.


TSE:6855's 5-Year Yield-on-Cost % is ranked better than
79.67% of 541 companies
in the Semiconductors industry
Industry Median: 1.8 vs TSE:6855: 6.20

Competitive Comparison of Japan Electronic Materials's 5-Year Yield-on-Cost %

For the Semiconductor Equipment & Materials subindustry, Japan Electronic Materials'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.


Japan Electronic Materials's 5-Year Yield-on-Cost % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Japan Electronic Materials's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Japan Electronic Materials 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 Japan Electronic Materials is calculated as

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

Japan Electronic Materials  (TSE:6855) 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.


Japan Electronic Materials 5-Year Yield-on-Cost % Related Terms

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Japan Electronic Materials (TSE:6855) Business Description

Traded in Other Exchanges
N/A
Address
2-5-13, Nishinagasucyo, Amagasaki City, Hyogo Prefecture, JPN
Japan Electronic Materials Corp is engaged in the development, manufacture and sale of semiconductor testing components and electron tubes components in Japan. It sells and maintains probe cards needle dressers and cleaning sheet products.

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