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Hyakugo Bank (TSE:8368) 5-Year Yield-on-Cost % : 3.30 (As of Jun. 05, 2024)


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What is Hyakugo Bank 5-Year Yield-on-Cost %?

Hyakugo Bank's yield on cost for the quarter that ended in Dec. 2023 was 3.30.


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

TSE:8368' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.15   Med: 3.55   Max: 6.14
Current: 3.3


During the past 13 years, Hyakugo Bank's highest Yield on Cost was 6.14. The lowest was 2.15. And the median was 3.55.


TSE:8368's 5-Year Yield-on-Cost % is ranked worse than
73% of 1189 companies
in the Banks industry
Industry Median: 5.07 vs TSE:8368: 3.30

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

For the Banks - Regional subindustry, Hyakugo Bank'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.


Hyakugo Bank's 5-Year Yield-on-Cost % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Hyakugo Bank's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Hyakugo Bank 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 Hyakugo Bank is calculated as

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

Hyakugo Bank  (TSE:8368) 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.


Hyakugo Bank 5-Year Yield-on-Cost % Related Terms

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Hyakugo Bank (TSE:8368) Business Description

Traded in Other Exchanges
Address
21-27, Iwata, Tsu, Mie, JPN, 514-8666
Hyakugo Bank Ltd is a Japanese bank that operates primarily in the Mie and Aichi prefectures. The bank's earning assets are just over half in loans and bills discounted and just under half in securities. Its loan portfolio is a diverse mix of loans to individuals, consumers, and small and medium-size companies. Housing loans dominate most loans made to consumers. Most outstanding loans to small and medium-size companies are in the manufacturing, real estate, wholesale and retail, government, financial services, and construction industries. Nearly all of the loans are made in the region the bank operates in. The bank's deposit base mostly originates from individuals.

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