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Eiken Chemical Co (TSE:4549) 5-Year Yield-on-Cost % : 4.89 (As of Jun. 09, 2024)


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What is Eiken Chemical Co 5-Year Yield-on-Cost %?

Eiken Chemical Co's yield on cost for the quarter that ended in Dec. 2023 was 4.89.


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

TSE:4549' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.93   Med: 3.25   Max: 7.18
Current: 4.89


During the past 13 years, Eiken Chemical Co's highest Yield on Cost was 7.18. The lowest was 1.93. And the median was 3.25.


TSE:4549's 5-Year Yield-on-Cost % is ranked better than
78.39% of 310 companies
in the Medical Devices & Instruments industry
Industry Median: 2.13 vs TSE:4549: 4.89

Competitive Comparison of Eiken Chemical Co's 5-Year Yield-on-Cost %

For the Medical Devices subindustry, Eiken Chemical 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.


Eiken Chemical Co's 5-Year Yield-on-Cost % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Eiken Chemical Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Eiken Chemical 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 Eiken Chemical Co is calculated as

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

Eiken Chemical Co  (TSE:4549) 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.


Eiken Chemical Co 5-Year Yield-on-Cost % Related Terms

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Eiken Chemical Co (TSE:4549) Business Description

Traded in Other Exchanges
N/A
Address
4-19-9 Taito, Taito-ku, Tokyo, JPN, 110-8408
Eiken Chemical Co Ltd is a Japan-based company. It manufactures and sells clinical diagnostics and equipment. The company is engaged in processing, manufacture, purchase and sale of test agents, property and casualty insurance agency business. It as a general manufacturer of clinical diagnostics offers a wide range of in vitro diagnostic aids for all fields of medicine. Its major products include the Fecal immunochemical test, Molecular Genetics (LAMP), Microbiology, among many others.

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