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Okasan Securities Group (TSE:8609) 5-Year Yield-on-Cost % : 8.82 (As of May. 13, 2024)


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What is Okasan Securities Group 5-Year Yield-on-Cost %?

Okasan Securities Group's yield on cost for the quarter that ended in Dec. 2023 was 8.82.


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

TSE:8609' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.94   Med: 5.76   Max: 9.97
Current: 8.82


During the past 13 years, Okasan Securities Group's highest Yield on Cost was 9.97. The lowest was 1.94. And the median was 5.76.


TSE:8609's 5-Year Yield-on-Cost % is ranked better than
86.76% of 355 companies
in the Capital Markets industry
Industry Median: 3.12 vs TSE:8609: 8.82

Competitive Comparison of Okasan Securities Group's 5-Year Yield-on-Cost %

For the Capital Markets subindustry, Okasan Securities Group'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.


Okasan Securities Group's 5-Year Yield-on-Cost % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Okasan Securities Group's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Okasan Securities Group 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 Okasan Securities Group is calculated as

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

Okasan Securities Group  (TSE:8609) 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.


Okasan Securities Group 5-Year Yield-on-Cost % Related Terms

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Okasan Securities Group (TSE:8609) Business Description

Traded in Other Exchanges
Address
1-17-6, Nihonbashi, Chuo-ku, Tokyo, JPN, 103-8268
Okasan Securities Group is a Japan-based holding company that conducts businesses through a network of domestic and overseas subsidiaries. The company has three business segments. The securities business, which accounts for the majority of sales, is involved in trading, brokerage, underwriting, and distribution of securities, public offering, secondary distribution of securities, and private offering of securities. The asset-management business is involved in investment management and investment advisory. The support business is engaged in information processing services, administrative support services, custodianship, and temping services. The company generates the majority of revenue from Japan.

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