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Ricoh Leasing Co (TSE:8566) 5-Year Yield-on-Cost % : 5.64 (As of May. 01, 2024)


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What is Ricoh Leasing Co 5-Year Yield-on-Cost %?

Ricoh Leasing Co's yield on cost for the quarter that ended in Dec. 2023 was 5.64.


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

TSE:8566' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.53   Med: 4.16   Max: 7.76
Current: 5.64


During the past 13 years, Ricoh Leasing Co's highest Yield on Cost was 7.76. The lowest was 2.53. And the median was 4.16.


TSE:8566's 5-Year Yield-on-Cost % is ranked better than
62.9% of 221 companies
in the Credit Services industry
Industry Median: 4.28 vs TSE:8566: 5.64

Competitive Comparison of Ricoh Leasing Co's 5-Year Yield-on-Cost %

For the Credit Services subindustry, Ricoh Leasing 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.


Ricoh Leasing Co's 5-Year Yield-on-Cost % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Ricoh Leasing Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Ricoh Leasing 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 Ricoh Leasing Co is calculated as

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

Ricoh Leasing Co  (TSE:8566) 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.


Ricoh Leasing Co 5-Year Yield-on-Cost % Related Terms

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Ricoh Leasing Co (TSE:8566) Business Description

Traded in Other Exchanges
N/A
Address
1-7-12 Shinonome, Koto-ku, Tokyo, JPN, 135-8518
Ricoh Leasing has two primary businesses: lease and installments, and financial services. The lease and installments business, which accounts for the vast majority of the company's revenue, provides business leasing, rental, installment, and credit products for business equipment, information-related equipment, medical equipment, and environment-related equipment. In the financial-services business, Ricoh provides loans to individuals, doctors, and corporations. It also serves as an agent to collect accounts receivable and provide billing services, and it has a credit card business and an asset-management service.

Ricoh Leasing Co (TSE:8566) Headlines

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