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Hachijuni Bank (TSE:8359) 5-Year Yield-on-Cost % : 3.93 (As of Jun. 02, 2024)


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What is Hachijuni Bank 5-Year Yield-on-Cost %?

Hachijuni Bank's yield on cost for the quarter that ended in Dec. 2023 was 3.93.


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

TSE:8359' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.11   Med: 4.73   Max: 8.17
Current: 3.93


During the past 13 years, Hachijuni Bank's highest Yield on Cost was 8.17. The lowest was 2.11. And the median was 4.73.


TSE:8359's 5-Year Yield-on-Cost % is ranked worse than
88.24% of 1190 companies
in the Banks industry
Industry Median: 5.02 vs TSE:8359: 3.93

Competitive Comparison of Hachijuni Bank's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, Hachijuni Bank'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.


Hachijuni Bank's 5-Year Yield-on-Cost % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Hachijuni Bank's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Hachijuni Bank's 5-Year Yield-on-Cost % falls into.



Hachijuni Bank 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 Hachijuni Bank is calculated as

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

Hachijuni Bank  (TSE:8359) 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.


Hachijuni Bank 5-Year Yield-on-Cost % Related Terms

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Hachijuni Bank (TSE:8359) Business Description

Traded in Other Exchanges
Address
178-8 Okada, Nagano, JPN, 380-8682
Hachijuni Bank Ltd is a Japan-based company that is principally engaged in banking. The company is a regional bank, with its business mainly based in Nagano Prefecture. The company's core business segments consist of the leasing business segment and the banking business segment, which includes the banking and credit card businesses. The company generates the majority of revenue from the banking business segment. The majority of its branches are located in certain areas of Japan, and the firm also has a business presence in overseas markets such as Hong Kong, Dalian, Shanghai, and Bangkok.

Hachijuni Bank (TSE:8359) Headlines

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