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Central Glass Co (TSE:4044) 5-Year Yield-on-Cost % : 9.04 (As of Jun. 05, 2024)


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What is Central Glass Co 5-Year Yield-on-Cost %?

Central Glass Co's yield on cost for the quarter that ended in Dec. 2023 was 9.04.


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

TSE:4044' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.08   Med: 4.95   Max: 10.94
Current: 9.04


During the past 13 years, Central Glass Co's highest Yield on Cost was 10.94. The lowest was 2.08. And the median was 4.95.


TSE:4044's 5-Year Yield-on-Cost % is ranked better than
83.82% of 241 companies
in the Building Materials industry
Industry Median: 3.44 vs TSE:4044: 9.04

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

For the Building Materials subindustry, Central Glass 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.


Central Glass Co's 5-Year Yield-on-Cost % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Central Glass Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Central Glass 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 Central Glass Co is calculated as

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

Central Glass Co  (TSE:4044) 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.


Central Glass Co 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Central Glass Co's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Central Glass Co (TSE:4044) Business Description

Traded in Other Exchanges
N/A
Address
7-1 Kanda-Nishikicho 3-chome, Kowa-Hitotsubashi Building, Chiyoda-ku, Tokyo, JPN, 101-0054
Central Glass Co Ltd manufactures and sells a variety of chemicals and glass-based products. The firm's two segments are based on product type. The glass segment, which generates the majority of revenue, sells architectural glass used in windows and other building components, automotive glass, and glass used in electronics for touchscreen panels and liquid-crystal display screens. The chemicals segment sells hydrogen fluoride used to make electronics and pharmaceuticals, fertilizers, soda ash and chloride used in water treatment and refrigerants, and glass fiber products. The majority of revenue comes from Japan and North America.

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