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Tanaka Co (TSE:7619) 5-Year Yield-on-Cost % : 6.26 (As of May. 26, 2024)


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What is Tanaka Co 5-Year Yield-on-Cost %?

Tanaka Co's yield on cost for the quarter that ended in Dec. 2023 was 6.26.


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

TSE:7619' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.27   Med: 4.38   Max: 6.47
Current: 6.26


During the past 13 years, Tanaka Co's highest Yield on Cost was 6.47. The lowest was 3.27. And the median was 4.38.


TSE:7619's 5-Year Yield-on-Cost % is ranked better than
77.53% of 1366 companies
in the Hardware industry
Industry Median: 2.7 vs TSE:7619: 6.26

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

For the Electronics & Computer Distribution subindustry, Tanaka 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.


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

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

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



Tanaka 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 Tanaka Co is calculated as

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

Tanaka Co  (TSE:7619) 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.


Tanaka Co 5-Year Yield-on-Cost % Related Terms

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Tanaka Co (TSE:7619) Business Description

Traded in Other Exchanges
Address
3 Chome-2-2 Minamioi, Shinagawa-ku, Tokyo, JPN, 140-0013
Tanaka Co Ltd is a general trading company of electric construction material. The company has five major product lines, namely lighting fixtures, electric wire, distribution board, household appliances, and other. The lighting fixtures include fluorescent lighting equipment for residential use, facility use, and industrial use; incandescent lighting equipment for factories, street lamps, and tunnels; Electric wire products include communication cable, insulation cable for electric distribution and various accessories; Household appliances include home appliances, residential equipment, office equipment, photovoltaic generators; Other products include measuring equipment, power tool, and security equipment.

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