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Meiji Holdings Co (TSE:2269) 5-Year Yield-on-Cost % : 3.70 (As of Jun. 09, 2024)


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What is Meiji Holdings Co 5-Year Yield-on-Cost %?

Meiji Holdings Co's yield on cost for the quarter that ended in Mar. 2024 was 3.70.


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

TSE:2269' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.66   Med: 2.23   Max: 3.96
Current: 3.7


During the past 13 years, Meiji Holdings Co's highest Yield on Cost was 3.96. The lowest was 0.66. And the median was 2.23.


TSE:2269's 5-Year Yield-on-Cost % is ranked better than
64.48% of 1098 companies
in the Consumer Packaged Goods industry
Industry Median: 2.745 vs TSE:2269: 3.70

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

For the Packaged Foods subindustry, Meiji Holdings 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.


Meiji Holdings Co's 5-Year Yield-on-Cost % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Meiji Holdings Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Meiji Holdings 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 Meiji Holdings Co is calculated as

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

Meiji Holdings Co  (TSE:2269) 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.


Meiji Holdings Co 5-Year Yield-on-Cost % Related Terms

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Meiji Holdings Co (TSE:2269) Business Description

Traded in Other Exchanges
Address
4-16, Kyobashi 2-chome, Chuo-ku, Tokyo, JPN, 104-0031
Meiji Holdings was established in April 2009 as a merged entity of Meiji Dairies, Japan's largest dairy company, and Meiji Seika, the country's number-two confectionery maker. The amalgamation was propelled by a surge in commodity prices, Japan's aging and shrinking population, and fierce competition. The food business, comprising dairy and confectionery operations, represents more than 80% of the group's sales and profits. The rest mainly comes from the pharmaceutical business, specializing in antibacterial and generic drugs, as well as vaccines. Meiji is looking to step up overseas expansion of the food business, particularly in China, which will serve as a key growth driver over the medium term.

Meiji Holdings Co (TSE:2269) Headlines

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