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Shinko Shoji Co (TSE:8141) 5-Year Yield-on-Cost % : 15.17 (As of May. 13, 2024)


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What is Shinko Shoji Co 5-Year Yield-on-Cost %?

Shinko Shoji Co's yield on cost for the quarter that ended in Dec. 2023 was 15.17.


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

TSE:8141' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 5.28   Med: 9.66   Max: 21.43
Current: 15.17


During the past 13 years, Shinko Shoji Co's highest Yield on Cost was 21.43. The lowest was 5.28. And the median was 9.66.


TSE:8141's 5-Year Yield-on-Cost % is ranked better than
93.24% of 1361 companies
in the Hardware industry
Industry Median: 2.74 vs TSE:8141: 15.17

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

For the Electronics & Computer Distribution subindustry, Shinko Shoji 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.


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

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

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



Shinko Shoji 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 Shinko Shoji Co is calculated as

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

Shinko Shoji Co  (TSE:8141) 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.


Shinko Shoji Co 5-Year Yield-on-Cost % Related Terms

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Shinko Shoji Co (TSE:8141) Business Description

Traded in Other Exchanges
Address
Art Village Osaki Central Tower13F, 1-2-2 Osaki, Shinagawa-ku, Tokyo, JPN, 141-8540
Shinko Shoji Co Ltd is engaged in the sale, import and export of electronic components & assembly products which includes memory products, microcomputers, system large scale integrations, semiconductors, capacitors, ferrite cores & color liquid crystals.

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