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Glittek Granites (BOM:513528) 5-Year Yield-on-Cost % : 0.00 (As of May. 29, 2024)


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What is Glittek Granites 5-Year Yield-on-Cost %?

Glittek Granites's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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



BOM:513528's 5-Year Yield-on-Cost % is not ranked *
in the Construction industry.
Industry Median: 3.18
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Glittek Granites's 5-Year Yield-on-Cost %

For the Building Products & Equipment subindustry, Glittek Granites'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.


Glittek Granites's 5-Year Yield-on-Cost % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Glittek Granites's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Glittek Granites 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 Glittek Granites is calculated as

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

Glittek Granites  (BOM:513528) 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.


Glittek Granites 5-Year Yield-on-Cost % Related Terms

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Glittek Granites (BOM:513528) Business Description

Traded in Other Exchanges
N/A
Address
224, A. J. C. Bose Road, Krishna - 711, Kolkata, WB, IND, 700017
Glittek Granites Ltd is engaged in the manufacturing of granite tiles and slabs. It is engaged in the processing and export of granite, marble, Sand Stone, and other stone products. The company offers granite tiles, such as Black Pearl, Hassan Green, Imperial White, Ivory Chiffon, Kashmir Gold, Madura Gold, and many more. The main market for the company's product is the USA, South Africa, Canada, the UK, UAE, Europe, and Australia.

Glittek Granites (BOM:513528) Headlines

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