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Aso International (TSE:9340) 5-Year Yield-on-Cost % : 2.63 (As of May. 13, 2024)


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What is Aso International 5-Year Yield-on-Cost %?

Aso International's yield on cost for the quarter that ended in Dec. 2023 was 2.63.


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

TSE:9340' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.58   Med: 3.15   Max: 3.52
Current: 2.63


During the past 3 years, Aso International's highest Yield on Cost was 3.52. The lowest was 2.58. And the median was 3.15.


TSE:9340's 5-Year Yield-on-Cost % is ranked better than
55.34% of 309 companies
in the Medical Devices & Instruments industry
Industry Median: 2.2 vs TSE:9340: 2.63

Competitive Comparison of Aso International's 5-Year Yield-on-Cost %

For the Medical Instruments & Supplies subindustry, Aso International'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.


Aso International's 5-Year Yield-on-Cost % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Aso International's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Aso International 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 Aso International is calculated as

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

Aso International  (TSE:9340) 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.


Aso International 5-Year Yield-on-Cost % Related Terms

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Aso International (TSE:9340) Business Description

Traded in Other Exchanges
N/A
Address
2-11-8 Ginza, Chuo-ku, No. 22 Chuo Building, 3rd FLoor, Tokyo, JPN, 104-0061
Aso International Inc is engaged in the manufacturing and sale of orthodontic appliances.

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