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Noritsu Koki Co (TSE:7744) 5-Year Yield-on-Cost % : 15.09 (As of May. 14, 2024)


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What is Noritsu Koki Co 5-Year Yield-on-Cost %?

Noritsu Koki Co's yield on cost for the quarter that ended in Mar. 2024 was 15.09.


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

TSE:7744' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.74   Med: 4.81   Max: 16.38
Current: 15.09


During the past 13 years, Noritsu Koki Co's highest Yield on Cost was 16.38. The lowest was 1.74. And the median was 4.81.


TSE:7744's 5-Year Yield-on-Cost % is ranked better than
93.03% of 1363 companies
in the Hardware industry
Industry Median: 2.78 vs TSE:7744: 15.09

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

For the Consumer Electronics subindustry, Noritsu Koki 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.


Noritsu Koki Co's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Noritsu Koki Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Noritsu Koki 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 Noritsu Koki Co is calculated as

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

Noritsu Koki Co  (TSE:7744) 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.


Noritsu Koki Co 5-Year Yield-on-Cost % Related Terms

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Noritsu Koki Co (TSE:7744) Business Description

Traded in Other Exchanges
N/A
Address
Azabu Juban 1-10-10 Joule A, 5th Floor, Minato-ku, Tokyo, JPN, 106-0045
Noritsu Koki Co Ltd is a Japan-based company, engaged in the healthcare, drug discovery, senior life, agribusiness food, manufacturing, and other operations. In the manufacturing business, the company manufactures marking pen tip made of felt and synthetic fiber as the main product. In the healthcare business, it offers a range of medical services. In the drug discovery business, the company conducts research and development on biopharmaceuticals and regenerative medicine. The other operations of the company involves the business development and investment research, digital area business and insurance business.

Noritsu Koki Co (TSE:7744) Headlines

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