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Japan Excellent (TSE:8987) 5-Year Yield-on-Cost % : 4.80 (As of May. 15, 2024)


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What is Japan Excellent 5-Year Yield-on-Cost %?

Japan Excellent's yield on cost for the quarter that ended in Dec. 2023 was 4.80.


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

TSE:8987' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.53   Med: 4.12   Max: 6.7
Current: 4.8


During the past 13 years, Japan Excellent's highest Yield on Cost was 6.70. The lowest was 2.53. And the median was 4.12.


TSE:8987's 5-Year Yield-on-Cost % is ranked worse than
73.15% of 838 companies
in the REITs industry
Industry Median: 6.93 vs TSE:8987: 4.80

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

For the REIT - Office subindustry, Japan Excellent'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.


Japan Excellent's 5-Year Yield-on-Cost % Distribution in the REITs Industry

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

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



Japan Excellent 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 Japan Excellent is calculated as

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

Japan Excellent  (TSE:8987) 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.


Japan Excellent 5-Year Yield-on-Cost % Related Terms

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Japan Excellent (TSE:8987) Business Description

Traded in Other Exchanges
N/A
Address
1-9-20 Akasaka, Minato-ku, Tokyo, JPN, 107-0052
Japan Excellent Inc is a real estate investment trust. It mainly invests in office buildings located in major metropolitan areas and pursues to create a portfolio that produces stable growth of income by acquiring properties. The company's portfolio of assets is managed by Japan Excellent Asset Management Co., Ltd.

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