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Hindustan Hardy (BOM:505893) 5-Year Yield-on-Cost % : 0.47 (As of May. 16, 2024)


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What is Hindustan Hardy 5-Year Yield-on-Cost %?

Hindustan Hardy's yield on cost for the quarter that ended in Dec. 2023 was 0.47.


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

BOM:505893' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.37   Med: 1.6   Max: 16.48
Current: 0.47


During the past 13 years, Hindustan Hardy's highest Yield on Cost was 16.48. The lowest was 0.37. And the median was 1.60.


BOM:505893's 5-Year Yield-on-Cost % is ranked worse than
88.89% of 801 companies
in the Vehicles & Parts industry
Industry Median: 2.42 vs BOM:505893: 0.47

Competitive Comparison of Hindustan Hardy's 5-Year Yield-on-Cost %

For the Auto Parts subindustry, Hindustan Hardy'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.


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

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

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



Hindustan Hardy 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 Hindustan Hardy is calculated as

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

Hindustan Hardy  (BOM:505893) 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.


Hindustan Hardy 5-Year Yield-on-Cost % Related Terms

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Hindustan Hardy (BOM:505893) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. C-12, M.I.D.C. Area, Ambad, Additional Nasik Industrial Area, Nashik, MH, IND, 422 010
Hindustan Hardy Ltd is an auto parts manufacturer in India. The company is principally engaged in the designing and manufacturing of propeller shafts and other accessories required for automotive, industrial, and other applications. Its sales are mainly to four customers that is domestic OEMs, export customers, industrial customers, and aftermarket.

Hindustan Hardy (BOM:505893) Headlines

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