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Tokyo Gas Co (Tokyo Gas Co) 5-Year Yield-on-Cost % : 2.42 (As of Apr. 28, 2024)


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What is Tokyo Gas Co 5-Year Yield-on-Cost %?

Tokyo Gas Co's yield on cost for the quarter that ended in Dec. 2023 was 2.42.


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

TKGSF' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.49   Med: 2.46   Max: 3.71
Current: 2.42


During the past 13 years, Tokyo Gas Co's highest Yield on Cost was 3.71. The lowest was 1.49. And the median was 2.46.


TKGSF's 5-Year Yield-on-Cost % is ranked worse than
76.05% of 430 companies
in the Utilities - Regulated industry
Industry Median: 4.63 vs TKGSF: 2.42

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

For the Utilities - Regulated Gas subindustry, Tokyo Gas 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.


Tokyo Gas Co's 5-Year Yield-on-Cost % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Tokyo Gas Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Tokyo Gas 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 Tokyo Gas Co is calculated as

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

Tokyo Gas Co  (OTCPK:TKGSF) 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.


Tokyo Gas Co 5-Year Yield-on-Cost % Related Terms

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Tokyo Gas Co (Tokyo Gas Co) Business Description

Traded in Other Exchanges
Address
1-5-20 Kaigan Minato-ku, Tokyo, JPN, 105-8527
Tokyo Gas Co Ltd is a Japanese utility company involved in the production, generation, and supply of natural gas and electricity. Tokyo Gas segments its operations into Gas, Electric Power, Overseas, and Other business units. The company's Gas division generates the vast majority of its total revenue through the supply and sale of natural gas to, namely, the Tokyo metropolitan area and other Japanese urban areas. Tokyo Gas' supply of natural gas is fairly evenly distributed amongst residential, commercial, industrial, and power generation customers. The company's Electric Power business also represents a significant income stream. This division operates a portfolio of cogeneration and natural gas-fired thermal power plants primarily located in the Tokyo area.

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