Nipro (TSE:8086) 5-Year Yield-on-Cost % : 2.31 (As of May. 16, 2024)

View and export this data going back to 1996. Start your Free Trial

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

Nipro's yield on cost for the quarter that ended in Dec. 2023 was 2.31.

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

TSE:8086' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.84 Med: 2.59 Max: 4.32
Current: 2.31

During the past 13 years, Nipro's highest Yield on Cost was 4.32. The lowest was 0.84. And the median was 2.59.

TSE:8086's 5-Year Yield-on-Cost % is ranked better than
50.65% of 308 companies
in the Medical Devices & Instruments industry
Industry Median: 2.29 vs TSE:8086: 2.31

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

For the Medical Instruments & Supplies subindustry, Nipro'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.

Nipro's 5-Year Yield-on-Cost % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Nipro's 5-Year Yield-on-Cost % distribution charts can be found below:

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

Nipro 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 Nipro is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Nipro (TSE:8086) 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.

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

Thank you for viewing the detailed overview of Nipro's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.

Nipro (TSE:8086) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Nipro Corp (TSE:8086) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

5FA:Germany

Address

3-9-3 Honjo-Nishi Kita-ku, Osaka, JPN, 531-8510

Website

http://www.nipro.co.jp

Nipro Corp develops medical devices, most of which are related to dialysis and artificial organs. The firm operates in four segments: medical, pharmaceutical, glass, and other. The medical segment contributes the majority of revenue. It sells products related to injections, infusions, artificial organs, and cell cultures, as well as medical equipment for renal treatment, diabetes, and generic drugs. Renal products contribute the largest proportion of sales within the medical segment. The pharmaceutical segment manufactures pharmaceuticals, including oral drugs and injectables, which are supplied to pharmaceutical companies in Japan. The glass business sells glass products used for medical applications, such as vials and syringes. Nipro generates the majority of its revenue in Japan.

Nipro (TSE:8086) Headlines

No Headlines