Fuyo General Lease Co (TSE:8424) 5-Year Yield-on-Cost % : 8.41 (As of May. 10, 2024)

View and export this data going back to 2004. Start your Free Trial

What is Fuyo General Lease Co 5-Year Yield-on-Cost %?

Fuyo General Lease Co's yield on cost for the quarter that ended in Dec. 2023 was 8.41.

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

TSE:8424' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.69 Med: 6.45 Max: 10.39
Current: 8.41

During the past 13 years, Fuyo General Lease Co's highest Yield on Cost was 10.39. The lowest was 3.69. And the median was 6.45.

TSE:8424's 5-Year Yield-on-Cost % is ranked better than
86.37% of 587 companies
in the Business Services industry
Industry Median: 3.47 vs TSE:8424: 8.41

Competitive Comparison of Fuyo General Lease Co's 5-Year Yield-on-Cost %

For the Rental & Leasing Services subindustry, Fuyo General Lease 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.

Fuyo General Lease Co's 5-Year Yield-on-Cost % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Fuyo General Lease Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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

Fuyo General Lease 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 Fuyo General Lease Co is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Fuyo General Lease Co (TSE:8424) 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.

Fuyo General Lease Co 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Fuyo General Lease Co's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.

Fuyo General Lease Co (TSE:8424) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Fuyo General Lease Co Ltd (TSE:8424) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

FXL:Germany

Address

Nichirei Building, 3-3-23, Misaki-cho, Chiyoda-ku, Tokyo, JPN, 1018380

Website

http://www.fgl.co.jp

Fuyo General Lease Co Ltd is Japanese company which is engaged in leasing and installment transactions for machinery and equipment and financial transactions such as the provision of operating loans. The company focuses on using direct and indirect financing to procure funds for purchasing assets to lease or to sell through installment sales and for providing operating loans to customers. It has three reportable segments namely Lease and Installment Sales segment conducts leasing office equipment, industrial machinery and sells commercial equipment, production facilities, medical devices, and other assets on an installment basis; Loans segment which is engaged in commercial lending; and Other segment which invests in marketable securities.

Fuyo General Lease Co (TSE:8424) Headlines

No Headlines