Shinsho (TSE:8075) 5-Year Yield-on-Cost % : 12.39 (As of Jun. 08, 2024)

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What is Shinsho 5-Year Yield-on-Cost %?

Shinsho's yield on cost for the quarter that ended in Dec. 2023 was 12.39.

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

TSE:8075' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.93 Med: 9.84 Max: 23.08
Current: 12.39

During the past 13 years, Shinsho's highest Yield on Cost was 23.08. The lowest was 3.93. And the median was 9.84.

TSE:8075's 5-Year Yield-on-Cost % is ranked better than
85.47% of 351 companies
in the Steel industry
Industry Median: 3.45 vs TSE:8075: 12.39

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

For the Steel subindustry, Shinsho'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.

Shinsho's 5-Year Yield-on-Cost % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Shinsho's 5-Year Yield-on-Cost % distribution charts can be found below:

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

Shinsho 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 Shinsho is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Shinsho (TSE:8075) 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.

Shinsho 5-Year Yield-on-Cost % Related Terms

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Shinsho (TSE:8075) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Shinsho Corp (TSE:8075) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yodoyabashi Square, 2-6-18 Kitahama, Chuo-ku, Chuo-ku, Osaka, JPN, 541-8557

Website

http://www.shinsho.co.jp

Shinsho Corp is mainly engaged in the import/export and trading of products. It is organized into five business divisions. The Iron and Steel division supplies wire rods and bars, steel plates, steel sheets, and steel powders. The Ferrous Raw Materials division supplies ferrous raw materials, titanium materials, coal for boilers, alloy steel, and coke breeze. The Nonferrous Metals division supplies the aluminium and copper products. The Machinery and Electronics division focuses on industrial machinery and electronic equipment and materials. The Welding division supports a diverse range of manufacturing industries by providing welding materials, equipment, and welding robot systems. The majority of its revenue is derived from the Iron and Steel, and Nonferrous Metals segments.

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