Toyo Kanetsu KK (TSE:6369) 5-Year Yield-on-Cost % : 13.16 (As of May. 25, 2024)

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What is Toyo Kanetsu KK 5-Year Yield-on-Cost %?

Toyo Kanetsu KK's yield on cost for the quarter that ended in Dec. 2023 was 13.16.

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

TSE:6369' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.74 Med: 7.78 Max: 13.56
Current: 13.16

During the past 13 years, Toyo Kanetsu KK's highest Yield on Cost was 13.56. The lowest was 2.74. And the median was 7.78.

TSE:6369's 5-Year Yield-on-Cost % is ranked better than
95.46% of 1871 companies
in the Industrial Products industry
Industry Median: 2.06 vs TSE:6369: 13.16

Competitive Comparison of Toyo Kanetsu KK's 5-Year Yield-on-Cost %

For the Specialty Industrial Machinery subindustry, Toyo Kanetsu KK'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.

Toyo Kanetsu KK's 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Toyo Kanetsu KK's 5-Year Yield-on-Cost % distribution charts can be found below:

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

Toyo Kanetsu KK 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 Toyo Kanetsu KK is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Toyo Kanetsu KK (TSE:6369) 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.

Toyo Kanetsu KK 5-Year Yield-on-Cost % Related Terms

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Toyo Kanetsu KK (TSE:6369) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Toyo Kanetsu KK (TSE:6369) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

11-1, Minamisuna 2-chome, Koto-ku, Tokyo, JPN, 136-8666

Website

http://www.toyokanetsu.co.jp

Toyo Kanetsu KK produces and sells industrial furnaces. It operates in two reportable segments which include Plant and machinery segment and Material handling system segment. Plant and machinery comprise of designing, manufacturing, installation of storage tanks for LNG (Liquefied natural gas), crude oil and other gases and liquids whereas Material handling system segment is engaged in the development, designing and installation of distribution system especially for sorting, picking and conveyance. The business activity of the group is operated by Japan, Southeast Asia, Oceania, and Internationally.

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