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Japan Exchange Group (TSE:8697) 5-Year Yield-on-Cost % : 2.41 (As of May. 02, 2024)


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What is Japan Exchange Group 5-Year Yield-on-Cost %?

Japan Exchange Group's yield on cost for the quarter that ended in Mar. 2024 was 2.41.


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

TSE:8697' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.27   Med: 2.78   Max: 5.33
Current: 2.41


During the past 13 years, Japan Exchange Group's highest Yield on Cost was 5.33. The lowest was 1.27. And the median was 2.78.


TSE:8697's 5-Year Yield-on-Cost % is ranked worse than
64.41% of 354 companies
in the Capital Markets industry
Industry Median: 3.095 vs TSE:8697: 2.41

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

For the Financial Data & Stock Exchanges subindustry, Japan Exchange Group'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 Exchange Group's 5-Year Yield-on-Cost % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Japan Exchange Group's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Japan Exchange Group 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 Exchange Group is calculated as

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

Japan Exchange Group  (TSE:8697) 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 Exchange Group 5-Year Yield-on-Cost % Related Terms

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Japan Exchange Group (TSE:8697) Business Description

Traded in Other Exchanges
Address
2-1 Nihombashi Kabutocho, Chuo-ku, Tokyo, JPN, 103-8224
Japan Exchange Group is a vertically integrated securities exchange business, which includes the Tokyo Stock Exchange, Osaka Exchange, and Tokyo Commodity Exchange. JPX ranks among the top five largest stock exchange operators in the world by market capitalization, and its Nikkei 225 and Topix derivatives products are some of the most widely traded derivatives products in the world.

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