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Daiwa Office Investment (TSE:8976) 5-Year Yield-on-Cost % : 6.13 (As of May. 13, 2024)


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What is Daiwa Office Investment 5-Year Yield-on-Cost %?

Daiwa Office Investment's yield on cost for the quarter that ended in Nov. 2023 was 6.13.


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

TSE:8976' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.94   Med: 4.5   Max: 7.8
Current: 6.13


During the past 13 years, Daiwa Office Investment's highest Yield on Cost was 7.80. The lowest was 2.94. And the median was 4.50.


TSE:8976's 5-Year Yield-on-Cost % is ranked worse than
58.35% of 838 companies
in the REITs industry
Industry Median: 6.97 vs TSE:8976: 6.13

Competitive Comparison of Daiwa Office Investment's 5-Year Yield-on-Cost %

For the REIT - Office subindustry, Daiwa Office Investment'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.


Daiwa Office Investment's 5-Year Yield-on-Cost % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Daiwa Office Investment's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Daiwa Office Investment 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 Daiwa Office Investment is calculated as

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

Daiwa Office Investment  (TSE:8976) 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.


Daiwa Office Investment 5-Year Yield-on-Cost % Related Terms

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Daiwa Office Investment (TSE:8976) Business Description

Traded in Other Exchanges
N/A
Address
6-2-1 Ginza, Chuo-ku, Tokyo, JPN
Daiwa Office Investment Corp is a real estate investment trust focused on acquiring, managing, and leasing office properties located in the Five Central Wards of Tokyo. The vast majority of the company's real estate portfolio is composed of office buildings fairly evenly distributed between Tokyo's Five Central Wards in terms of total value. Daiwa derives nearly all of its income in the form of rental revenue from leasing its properties. The firm has a varied tenant base from a number of industries, including the entertainment, retail, insurance, and food and beverage companies.

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