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Cominix Co (TSE:3173) 5-Year Yield-on-Cost % : 4.50 (As of Jun. 04, 2024)


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What is Cominix Co 5-Year Yield-on-Cost %?

Cominix Co's yield on cost for the quarter that ended in Dec. 2023 was 4.50.


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

TSE:3173' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.47   Med: 3.33   Max: 12.7
Current: 4.5


During the past 13 years, Cominix Co's highest Yield on Cost was 12.70. The lowest was 1.47. And the median was 3.33.


TSE:3173's 5-Year Yield-on-Cost % is ranked better than
77.18% of 1880 companies
in the Industrial Products industry
Industry Median: 2.08 vs TSE:3173: 4.50

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

For the Tools & Accessories subindustry, Cominix 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.


Cominix Co's 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Cominix Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Cominix 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 Cominix Co is calculated as

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

Cominix Co  (TSE:3173) 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.


Cominix Co 5-Year Yield-on-Cost % Related Terms

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Cominix Co (TSE:3173) Business Description

Traded in Other Exchanges
N/A
Address
1-6-7,Andoji-machi, Chuo-ku,1-6-7 Enfudo, Osaka, JPN, 5420061
Cominix Co Ltd operates as a specialized trading company in Japan and internationally. It is involved in the Cutting tool business, Abrasive tool business and Optical products business. The company is engaged in distributing cutting and wear-resisting tools, optical products, precision measuring instruments, peripheral equipment, and environmental equipment.

Cominix Co (TSE:3173) Headlines

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