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Mid India Industries (BOM:500277) 5-Year Yield-on-Cost % : 0.00 (As of May. 29, 2024)


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What is Mid India Industries 5-Year Yield-on-Cost %?

Mid India Industries's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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



BOM:500277's 5-Year Yield-on-Cost % is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 2.635
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Mid India Industries's 5-Year Yield-on-Cost %

For the Textile Manufacturing subindustry, Mid India Industries'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.


Mid India Industries's 5-Year Yield-on-Cost % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mid India Industries's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Mid India Industries's 5-Year Yield-on-Cost % falls into.



Mid India Industries 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 Mid India Industries is calculated as

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

Mid India Industries  (BOM:500277) 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.


Mid India Industries 5-Year Yield-on-Cost % Related Terms

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Mid India Industries (BOM:500277) Business Description

Traded in Other Exchanges
N/A
Address
401, Princess Centre, 6/3, New Palasia, Indore, MP, IND, 452003
Mid India Industries Ltd is a textile manufacturing company. Principally, it is engaged in the preparation and spinning of cotton fiber including blended cotton. The company offers products under categories regular which consist of cotton yarn, polyester and cotton blended, and polyester yarns and special products including cotton and blended yarn spindles, and rotors. It operates in two business segments that is trading and leasing divison. The firm derives majority revenue through the manufacturing and trading activity of cotton /polyster Cotton blended yarn.

Mid India Industries (BOM:500277) Headlines

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