GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Optimus Finance Ltd (BOM:531254) » Definitions » 5-Year Yield-on-Cost %

Optimus Finance (BOM:531254) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 04, 2024)


View and export this data going back to 1995. Start your Free Trial

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

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


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



BOM:531254's 5-Year Yield-on-Cost % is not ranked *
in the Chemicals industry.
Industry Median: 2.31
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Chemicals subindustry, Optimus 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.


Optimus Finance's 5-Year Yield-on-Cost % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Optimus Finance's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Optimus 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 Optimus Finance is calculated as

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

Optimus Finance  (BOM:531254) 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.


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

Thank you for viewing the detailed overview of Optimus Finance's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Optimus Finance (BOM:531254) Business Description

Traded in Other Exchanges
N/A
Address
Dr. Vikram Sarabhai Marg, 504 A, Ozone, Vadi-Wadi, Vadodara, GJ, IND, 390003
Optimus Finance Ltd is engaged in non-banking finance activity consisting of investment in shares and securities and other investment and financing activities. It is engaged in the business of loan and investment; importing and exporting lubricant oils, different types of base oils, and other chemical products used mainly in the automobile industry, power industry, and metal manufacturing among others. It operates through two business segments: Financing and Investing activity and Trading in Chemicals. It generates a majority of its revenues through trading in chemicals outside India.

Optimus Finance (BOM:531254) Headlines

No Headlines