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Okayamaken Freight Transportation Co (TSE:9063) 5-Year Yield-on-Cost % : 4.37 (As of May. 11, 2024)


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What is Okayamaken Freight Transportation Co 5-Year Yield-on-Cost %?

Okayamaken Freight Transportation Co's yield on cost for the quarter that ended in Dec. 2023 was 4.37.


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

TSE:9063' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.62   Med: 2.65   Max: 4.37
Current: 4.37


During the past 13 years, Okayamaken Freight Transportation Co's highest Yield on Cost was 4.37. The lowest was 1.62. And the median was 2.65.


TSE:9063's 5-Year Yield-on-Cost % is ranked better than
59.97% of 627 companies
in the Transportation industry
Industry Median: 3.51 vs TSE:9063: 4.37

Competitive Comparison of Okayamaken Freight Transportation Co's 5-Year Yield-on-Cost %

For the Trucking subindustry, Okayamaken Freight Transportation 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.


Okayamaken Freight Transportation Co's 5-Year Yield-on-Cost % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Okayamaken Freight Transportation Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Okayamaken Freight Transportation 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 Okayamaken Freight Transportation Co is calculated as

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

Okayamaken Freight Transportation Co  (TSE:9063) 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.


Okayamaken Freight Transportation Co 5-Year Yield-on-Cost % Related Terms

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Okayamaken Freight Transportation Co (TSE:9063) Business Description

Traded in Other Exchanges
N/A
Address
No. 4 No. 31, Kiyoshincho Kita-ku, Okayama, JPN, 700-0027
Okayamaken Freight Transportation Co Ltd is a cargo trucking company in Japan. The Company also provides door-to-door parcel delivery services. Okayamaken Freight Transportation leases building and sells oil products and automobile parts. Its business lines include Freight car transportation business, Warehousing, Air transport agent agency, Industrial waste collection, and transportation.

Okayamaken Freight Transportation Co (TSE:9063) Headlines

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