Rinnai (TSE:5947) 5-Year Yield-on-Cost % : 3.16 (As of May. 10, 2024)

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What is Rinnai 5-Year Yield-on-Cost %?

Rinnai's yield on cost for the quarter that ended in Dec. 2023 was 3.16.

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

TSE:5947' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.24 Med: 1.65 Max: 3.89
Current: 3.16

During the past 13 years, Rinnai's highest Yield on Cost was 3.89. The lowest was 1.24. And the median was 1.65.

TSE:5947's 5-Year Yield-on-Cost % is ranked better than
55.47% of 247 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.92 vs TSE:5947: 3.16

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

For the Furnishings, Fixtures & Appliances subindustry, Rinnai'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.

Rinnai's 5-Year Yield-on-Cost % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Rinnai's 5-Year Yield-on-Cost % distribution charts can be found below:

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

Rinnai 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 Rinnai is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Rinnai (TSE:5947) 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.

Rinnai 5-Year Yield-on-Cost % Related Terms

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Rinnai (TSE:5947) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Rinnai Corp (TSE:5947) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

RINIF:USA

Address

2-26, Fukuzumi-cho, Nakagawa-ku, Nagoya, JPN, 454-0802

Website

http://www.rinnai.co.jp

Rinnai Corporation is a Japanese company that manufactures and sells gas water heating, gas home heating, and commercial water heating appliances and their components. The company has operations across the globe, including Australia, Brazil, Europe, the United States, and Southeast Asia. Rinnai supplies kitchen appliances; bath appliances; living appliances, such as gas and floor heating systems; and professional products, such as gas fryers and ranges. These products are sold and distributed to various customers, including utility companies, housing equipment manufacturers, general stores, house makers, and Rinnai's global subsidiaries.

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