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Dharani Finance (BOM:511451) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 12, 2024)


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What is Dharani Finance 5-Year Yield-on-Cost %?

Dharani Finance's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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


During the past 13 years, Dharani Finance's highest Yield on Cost was 23.33. The lowest was 0.00. And the median was 19.29.


BOM:511451's 5-Year Yield-on-Cost % is not ranked *
in the Credit Services industry.
Industry Median: 4.41
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Dharani Finance's 5-Year Yield-on-Cost %

For the Credit Services subindustry, Dharani Finance'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.


Dharani Finance's 5-Year Yield-on-Cost % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Dharani Finance's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Dharani Finance 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 Dharani Finance is calculated as

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

Dharani Finance  (BOM:511451) 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.


Dharani Finance 5-Year Yield-on-Cost % Related Terms

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Dharani Finance (BOM:511451) Business Description

Traded in Other Exchanges
N/A
Address
New No.59 (Old No. 57) Sterling Road, PGP House, Nungambakkam, Chennai, TN, IND, 600034
Dharani Finance Ltd operates as a non-banking finance company in India. The main activities of the company are to carry on the business of hire purchase, leasing of machinery and other equipment, financing industrial enterprises, undertaking the business of financial operations of all kinds, dealing in foreign exchange, providing financial services like investment planning, tax planning, consultancy and much more. In addition, it also acts as a tour agent, carries on the import and export of merchandise, functions as a forwarding agent, freight contractor, warehousing, and many more. The company's operating segments include Financial Services and Travel Services. The majority of its revenue is generated from the Financial Services segment.

Dharani Finance (BOM:511451) Headlines

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