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Japan Resistor Mfg Co (TSE:6977) 5-Year Yield-on-Cost % : 4.51 (As of May. 26, 2024)


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What is Japan Resistor Mfg Co 5-Year Yield-on-Cost %?

Japan Resistor Mfg Co's yield on cost for the quarter that ended in Dec. 2023 was 4.51.


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

TSE:6977' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.47   Med: 3.31   Max: 7.05
Current: 4.51


During the past 13 years, Japan Resistor Mfg Co's highest Yield on Cost was 7.05. The lowest was 0.47. And the median was 3.31.


TSE:6977's 5-Year Yield-on-Cost % is ranked better than
66.4% of 1366 companies
in the Hardware industry
Industry Median: 2.7 vs TSE:6977: 4.51

Competitive Comparison of Japan Resistor Mfg Co's 5-Year Yield-on-Cost %

For the Electronic Components subindustry, Japan Resistor Mfg 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.


Japan Resistor Mfg Co's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

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

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



Japan Resistor Mfg 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 Japan Resistor Mfg Co is calculated as

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

Japan Resistor Mfg Co  (TSE:6977) 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.


Japan Resistor Mfg Co 5-Year Yield-on-Cost % Related Terms

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Japan Resistor Mfg Co (TSE:6977) Business Description

Traded in Other Exchanges
N/A
Address
2315 Kitano, Nanto-shi, Toyama, JPN, 939-1897
Japan Resistor Mfg Co Ltd is engaged in the development, manufacturing and sales of electronic devices. The company have a foothold for manufacturing and sales respectively and have developed global business particularly in Asia. Its product offering comprises fixed and variable resistors, heaters, sensors/potentiometers, hybrid IC, circuit boards and units. The company supplies its products to the various industries and fields.

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