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Mitani Sekisan Co (TSE:5273) 5-Year Yield-on-Cost % : 3.78 (As of May. 14, 2024)


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What is Mitani Sekisan Co 5-Year Yield-on-Cost %?

Mitani Sekisan Co's yield on cost for the quarter that ended in Dec. 2023 was 3.78.


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

TSE:5273' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.17   Med: 2.37   Max: 5.08
Current: 3.78


During the past 13 years, Mitani Sekisan Co's highest Yield on Cost was 5.08. The lowest was 1.17. And the median was 2.37.


TSE:5273's 5-Year Yield-on-Cost % is ranked better than
55.82% of 962 companies
in the Construction industry
Industry Median: 3.21 vs TSE:5273: 3.78

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

For the Building Products & Equipment subindustry, Mitani Sekisan 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.


Mitani Sekisan Co's 5-Year Yield-on-Cost % Distribution in the Construction Industry

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

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



Mitani Sekisan 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 Mitani Sekisan Co is calculated as

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

Mitani Sekisan Co  (TSE:5273) 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.


Mitani Sekisan Co 5-Year Yield-on-Cost % Related Terms

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Mitani Sekisan Co (TSE:5273) Business Description

Traded in Other Exchanges
N/A
Address
1-3-1 Toyoshima, Mitani Building, Fukui-shi,, Fukui, JPN, 910-8571
Mitani Sekisan Co., Ltd. is a Japanese company. It is engaged in the production and sales of concrete secondary products, manufacture, and sale of gravel products, foundation work, and rental for revetment. The company focuses on manufacturing gravel and stones which are used for civil engineering construction, railway tracking and pavement roadbed materials, raw concrete and various concrete secondary products, aggregates of asphalt composite material and construction materials. It also produces concrete piles and poles and environmental products. The Information-Related Business deals with computer peripheral sales and consigned software production.

Mitani Sekisan Co (TSE:5273) Headlines

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