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ASANTE (TSE:6073) 5-Year Yield-on-Cost % : 4.23 (As of May. 11, 2024)


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

ASANTE's yield on cost for the quarter that ended in Dec. 2023 was 4.23.


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

TSE:6073' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.76   Med: 3.06   Max: 5.02
Current: 4.23


During the past 13 years, ASANTE's highest Yield on Cost was 5.02. The lowest was 1.76. And the median was 3.06.


TSE:6073's 5-Year Yield-on-Cost % is ranked better than
56.67% of 60 companies
in the Homebuilding & Construction industry
Industry Median: 3.93 vs TSE:6073: 4.23

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

For the Residential Construction subindustry, ASANTE'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.


ASANTE's 5-Year Yield-on-Cost % Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, ASANTE's 5-Year Yield-on-Cost % distribution charts can be found below:

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



ASANTE 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 ASANTE is calculated as

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

ASANTE  (TSE:6073) 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.


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

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ASANTE (TSE:6073) Business Description

Traded in Other Exchanges
N/A
Address
No. 33, No. 15, Shinjuku-ku, Shinjuku 1-chome, Tokyo, JPN
ASANTE Inc is engaged in house amenities business. Its business segments include - House Amenities segment and Total Sanitation segment. The House Amenities segment is involved in the construction of termite control works to protect wood from termite and moisture, strengthening its business by house reinforcement and house repair works. The Total Sanitation segment provides vermin control and removal services to office buildings and restaurants.

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