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Charms Industries (BOM:531327) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 05, 2024)


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What is Charms Industries 5-Year Yield-on-Cost %?

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


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



BOM:531327's 5-Year Yield-on-Cost % is not ranked *
in the Capital Markets industry.
Industry Median: 3.01
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Charms Industries's 5-Year Yield-on-Cost %

For the Capital Markets subindustry, Charms Industries'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.


Charms Industries's 5-Year Yield-on-Cost % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Charms Industries's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Charms Industries 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 Charms Industries is calculated as

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

Charms Industries  (BOM:531327) 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.


Charms Industries 5-Year Yield-on-Cost % Related Terms

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Charms Industries (BOM:531327) Business Description

Traded in Other Exchanges
N/A
Address
108-B/109, Sampada Building, Mithakali Six Roads, Opposite Hare Krishna Complex, Behind Kiran Motors, Ahmedabad, GJ, IND, 380 009
Charms Industries Ltd is an RBI registered full-fledged money changer. In money changing, the company provides an array of products and services including buying and selling of foreign currency notes, servicing of co-branded International prepaid multicurrency travel cards, issuance of foreign currency demand drafts, travelers' cheques and outward telegraphic remittances, including outbound remittances towards student fees, film shoots, tour remittances etc. and also extend encasements of foreign currency demand drafts, travelers' cheques and forex prepaid cards.

Charms Industries (BOM:531327) Headlines

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