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Bimetal Bearings (BOM:505681) 5-Year Yield-on-Cost % : 1.79 (As of May. 25, 2024)


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What is Bimetal Bearings 5-Year Yield-on-Cost %?

Bimetal Bearings's yield on cost for the quarter that ended in Dec. 2023 was 1.79.


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

BOM:505681' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.1   Med: 2.1   Max: 11
Current: 1.79


During the past 13 years, Bimetal Bearings's highest Yield on Cost was 11.00. The lowest was 1.10. And the median was 2.10.


BOM:505681's 5-Year Yield-on-Cost % is ranked worse than
59.95% of 809 companies
in the Vehicles & Parts industry
Industry Median: 2.39 vs BOM:505681: 1.79

Competitive Comparison of Bimetal Bearings's 5-Year Yield-on-Cost %

For the Auto Parts subindustry, Bimetal Bearings'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.


Bimetal Bearings's 5-Year Yield-on-Cost % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bimetal Bearings's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Bimetal Bearings 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 Bimetal Bearings is calculated as

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

Bimetal Bearings  (BOM:505681) 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.


Bimetal Bearings 5-Year Yield-on-Cost % Related Terms

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Bimetal Bearings (BOM:505681) Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Race Course Road, Coimbatore, TN, IND, 641018
Bimetal Bearings Ltd is engaged in manufacturing of Engine Bearings, Bushings, Thrust Washers, Alloy Powder and Bimetallic Strips. The company has manufacturing plants in Coimbatore, Hosur, Chennai (Sembiam and Thoraipakkam) in India. It has only one segment. Bimetal Bearings manufactures a range of Engine Bearings, Bushings, Thrust Washers, Alloy Powder and Bimetallic Strips. The company's traded products include thin-walled bearings and bushings (main and conrod). Its engine bearings include plated and non-plated bearings in copper and aluminum-based alloys (leaded and lead-free); connecting rod bearings; main bearings, and roll formed flange bearings.

Bimetal Bearings (BOM:505681) Headlines

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