Denka Co (TSE:4061) 5-Year Yield-on-Cost % : 3.54 (As of May. 14, 2024)

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

Denka Co's yield on cost for the quarter that ended in Dec. 2023 was 3.54.

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

TSE:4061' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.78 Med: 2.49 Max: 4.91
Current: 3.54

During the past 13 years, Denka Co's highest Yield on Cost was 4.91. The lowest was 0.78. And the median was 2.49.

TSE:4061's 5-Year Yield-on-Cost % is ranked better than
63.84% of 1051 companies
in the Chemicals industry
Industry Median: 2.35 vs TSE:4061: 3.54

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

For the Chemicals subindustry, Denka 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.

Denka Co's 5-Year Yield-on-Cost % Distribution in the Chemicals Industry

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

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

Denka 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 Denka Co is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Denka Co (TSE:4061) 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.

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

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Denka Co (TSE:4061) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Denka Co Ltd (TSE:4061) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

DENKF:USA DIK:Germany

Address

Nihonbashi Mitsui Tower, 1-1, Nihonbashi-Muromachi, 2-Chome Chuo-ku, Tokyo, JPN, 103-8338

Website

http://www.denka.co.jp

Denka Co Ltd manufactures and sells chemicals, plastics, and chemical-based products. The firm organizes itself into four segments based on product type. The elastomers and performance plastics segment, which generates more revenue than any other segment, sells rubber products used by the automotive industry and plastics used to manufacture electronics including televisions. The infrastructure and social solutions segment sells cement and fertilizer to the construction and building industries. The electronics and innovative products segment sells film, and resins used by the electronics industry. The life science and environment products segment sells housing materials including rain gutters, plastic food packaging materials, and industrial materials including electrical tape.

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