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MISUMI Group (TSE:9962) 5-Year Yield-on-Cost % : 1.67 (As of Apr. 29, 2024)


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What is MISUMI Group 5-Year Yield-on-Cost %?

MISUMI Group's yield on cost for the quarter that ended in Dec. 2023 was 1.67.


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

TSE:9962' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.39   Med: 1.21   Max: 1.9
Current: 1.67


During the past 13 years, MISUMI Group's highest Yield on Cost was 1.90. The lowest was 0.39. And the median was 1.21.


TSE:9962's 5-Year Yield-on-Cost % is ranked worse than
57.02% of 1852 companies
in the Industrial Products industry
Industry Median: 2.07 vs TSE:9962: 1.67

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

For the Tools & Accessories subindustry, MISUMI 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.


MISUMI Group's 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, MISUMI Group's 5-Year Yield-on-Cost % distribution charts can be found below:

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



MISUMI 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 MISUMI Group is calculated as

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

MISUMI Group  (TSE:9962) 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.


MISUMI Group 5-Year Yield-on-Cost % Related Terms

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MISUMI Group (TSE:9962) Business Description

Traded in Other Exchanges
Address
Koraku 2-chome, Bunkyo-ku, Iidabashi First Buiding, 5-1, TOKYO, Japan, JPN, 112-8583
MISUMI Group Inc is a Japanese manufacturer of components and parts used in automation processes. The group's three main businesses offer standardised components for automated equipment used in factory automation, die and mold parts used in the production of automobiles and electronic devices, and third-party branded products. The products include shafts, set collars, springs, gears, actuators, optical measurement devices, connectors, switches, cables, transformers, bores, wires, calipers, diamond cutting tools, punches, button dies, retainers, ejector pins, and taper pins.

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