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Sincere Co (TSE:7782) 5-Year Yield-on-Cost % : 11.37 (As of May. 24, 2024)


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

Sincere Co's yield on cost for the quarter that ended in Mar. 2024 was 11.37.


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

TSE:7782' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.15   Med: 3.98   Max: 11.37
Current: 11.37


During the past 10 years, Sincere Co's highest Yield on Cost was 11.37. The lowest was 1.15. And the median was 3.98.


TSE:7782's 5-Year Yield-on-Cost % is ranked better than
92.53% of 308 companies
in the Medical Devices & Instruments industry
Industry Median: 2.195 vs TSE:7782: 11.37

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

For the Medical Instruments & Supplies subindustry, Sincere 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.


Sincere Co's 5-Year Yield-on-Cost % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Sincere Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Sincere 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 Sincere Co is calculated as

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

Sincere Co  (TSE:7782) 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.


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

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Sincere Co (TSE:7782) Business Description

Traded in Other Exchanges
N/A
Address
30-1, Nihonbashi hakozaki cho, Tama building Nihonbashi Hakozaki, 10th Floor, Chuo-ku, Tokyo, JPN, 103-0015
Sincere Co Ltd is a Japanese firm engaged in the manufacturing and sale of contact lens. It offers daily disposable malleable contact lens, color contact lens, and conventional disposable soft contact lens.

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