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Nissan Chemical (TSE:4021) 5-Year Yield-on-Cost % : 6.70 (As of May. 13, 2024)


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What is Nissan Chemical 5-Year Yield-on-Cost %?

Nissan Chemical's yield on cost for the quarter that ended in Dec. 2023 was 6.70.


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

TSE:4021' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.47   Med: 3.62   Max: 7.31
Current: 6.7


During the past 13 years, Nissan Chemical's highest Yield on Cost was 7.31. The lowest was 2.47. And the median was 3.62.


TSE:4021's 5-Year Yield-on-Cost % is ranked better than
84.21% of 1051 companies
in the Chemicals industry
Industry Median: 2.31 vs TSE:4021: 6.70

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

For the Chemicals subindustry, Nissan Chemical'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.


Nissan Chemical's 5-Year Yield-on-Cost % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nissan Chemical's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Nissan Chemical 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 Nissan Chemical is calculated as

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

Nissan Chemical  (TSE:4021) 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.


Nissan Chemical 5-Year Yield-on-Cost % Related Terms

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Nissan Chemical (TSE:4021) Business Description

Traded in Other Exchanges
Address
7-1 Kanda Nishiki-Cho 3-chome, Chiyoda-ku, Tokyo, JPN, 101-0054
Nissan Chemical Industries Ltd manufactures and sells chemicals, semiconductors, and pharmaceutical products. The firm organizes itself into six segments based on product type. The Performance Materials segment, which generates the most revenue of any segment, sells resins for liquid-crystal display screens and semiconductors. The Agrochemicals segment sells herbicides, insecticides, and fungicides to the agriculture industry. The Chemicals segment sells melamine, ammonia, and fine chemical products. The Pharmaceuticals segment sells anti-cholesterol agents under the Livalo brand. The other two segments are Trading and Other. The majority of revenue comes from Japan.

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