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Takasago Thermal Engineering Co (TSE:1969) 5-Year Yield-on-Cost % : 2.60 (As of May. 13, 2024)


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What is Takasago Thermal Engineering Co 5-Year Yield-on-Cost %?

Takasago Thermal Engineering Co's yield on cost for the quarter that ended in Dec. 2023 was 2.60.


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

TSE:1969' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.62   Med: 3.24   Max: 5.26
Current: 2.6


During the past 13 years, Takasago Thermal Engineering Co's highest Yield on Cost was 5.26. The lowest was 1.62. And the median was 3.24.


TSE:1969's 5-Year Yield-on-Cost % is ranked worse than
59.63% of 961 companies
in the Construction industry
Industry Median: 3.22 vs TSE:1969: 2.60

Competitive Comparison of Takasago Thermal Engineering Co's 5-Year Yield-on-Cost %

For the Building Products & Equipment subindustry, Takasago Thermal Engineering 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.


Takasago Thermal Engineering Co's 5-Year Yield-on-Cost % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Takasago Thermal Engineering Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Takasago Thermal Engineering 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 Takasago Thermal Engineering Co is calculated as

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

Takasago Thermal Engineering Co  (TSE:1969) 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.


Takasago Thermal Engineering Co 5-Year Yield-on-Cost % Related Terms

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Takasago Thermal Engineering Co (TSE:1969) Business Description

Traded in Other Exchanges
N/A
Address
6-27-30, Shinjuku, Shinjuku-ku, Tokyo, JPN, 160-0022
Takasago Thermal Engineering is a Japan-based company that designs, constructs, manufactures, and installs heating, ventilation, and air conditioning, or HVAC, systems, clean room and related systems, plumbing and sanitation systems, cogeneration systems, electrical systems, instrumentation systems, equipment diagnosis/failure diagnosis systems, dehumidifying/drying systems, vacuum conveying systems for waste, discharged-heat recovery systems, heating/cooling systems, refrigerating/freezing systems, other types of environmental control systems and thermal engineering systems, and so on. In addition, the company is engaged in coordinating construction work, security, and cleaning, with further focuses on energy supply, power generation, and water treatment.

Takasago Thermal Engineering Co (TSE:1969) Headlines

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