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Nippon Building Fund (TSE:8951) 5-Year Yield-on-Cost % : 4.63 (As of Apr. 28, 2024)


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What is Nippon Building Fund 5-Year Yield-on-Cost %?

Nippon Building Fund's yield on cost for the quarter that ended in Dec. 2023 was 4.63.


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

TSE:8951' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.66   Med: 3.56   Max: 5.53
Current: 4.63


During the past 13 years, Nippon Building Fund's highest Yield on Cost was 5.53. The lowest was 2.66. And the median was 3.56.


TSE:8951's 5-Year Yield-on-Cost % is ranked worse than
76.89% of 835 companies
in the REITs industry
Industry Median: 7.1 vs TSE:8951: 4.63

Competitive Comparison of Nippon Building Fund's 5-Year Yield-on-Cost %

For the REIT - Office subindustry, Nippon Building Fund'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.


Nippon Building Fund's 5-Year Yield-on-Cost % Distribution in the REITs Industry

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

* The bar in red indicates where Nippon Building Fund's 5-Year Yield-on-Cost % falls into.



Nippon Building Fund 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 Nippon Building Fund is calculated as

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

Nippon Building Fund  (TSE:8951) 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.


Nippon Building Fund 5-Year Yield-on-Cost % Related Terms

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Nippon Building Fund (TSE:8951) Business Description

Traded in Other Exchanges
N/A
Address
38th Floor, GranTokyo North Tower, 9-1, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-6738
Nippon Building Fund Inc is a Japanese real estate investment trust engaged in the acquisition, ownership, and leasing of properties in the Greater Tokyo area. The company's real estate portfolio is primarily comprised of large corporate office buildings. The majority of these are located in the five wards of Tokyo's central business district. Office space located throughout the rest of Tokyo also makes up a substantial percentage of Nippon Building Fund's assets. The company derives the majority of its income in the form of rental revenue from tenants. Nippon Building Fund's largest customers are firms from the service, electrical equipment, and information and communications industries in terms of square footage used.

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