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Optex Group Co (TSE:6914) 5-Year Yield-on-Cost % : 3.00 (As of May. 15, 2024)


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What is Optex Group Co 5-Year Yield-on-Cost %?

Optex Group Co's yield on cost for the quarter that ended in Dec. 2023 was 3.00.


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

TSE:6914' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.02   Med: 2.2   Max: 4.47
Current: 3


During the past 13 years, Optex Group Co's highest Yield on Cost was 4.47. The lowest was 1.02. And the median was 2.20.


TSE:6914's 5-Year Yield-on-Cost % is ranked better than
52.09% of 1363 companies
in the Hardware industry
Industry Median: 2.76 vs TSE:6914: 3.00

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

For the Electronic Components subindustry, Optex Group 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.


Optex Group Co's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Optex Group Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Optex Group 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 Optex Group Co is calculated as

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

Optex Group Co  (TSE:6914) 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.


Optex Group Co 5-Year Yield-on-Cost % Related Terms

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Optex Group Co (TSE:6914) Business Description

Traded in Other Exchanges
N/A
Address
5-8-12, Ogoto Otsu, Shiga, JPN, 520-0101
Optex Group Co Ltd is a Japan sensors and related system manufacturing company. It offers its services in the field of security, factory automation, etc. It operates in four business segments namely, sensing segment, factory automation segment, machine vision lighting segment and contract manufacturing segment. Its products include CCTV lighting and other various sensor systems, automatic door sensor and shutter, lighting control, factory automation, industrial LED lighting, temperature measuring systems, water quality measuring systems, store management system, safety drive support system, building automation and Video Analytics Software. The company generates maximum revenue from sensing segment.

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