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Gujarat State Petronet (BOM:532702) 5-Year Yield-on-Cost % : 3.58 (As of May. 20, 2024)


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What is Gujarat State Petronet 5-Year Yield-on-Cost %?

Gujarat State Petronet's yield on cost for the quarter that ended in Mar. 2024 was 3.58.


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

BOM:532702' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.14   Med: 1.8   Max: 4.34
Current: 3.58


During the past 13 years, Gujarat State Petronet's highest Yield on Cost was 4.34. The lowest was 1.14. And the median was 1.80.


BOM:532702's 5-Year Yield-on-Cost % is ranked worse than
60.33% of 426 companies
in the Utilities - Regulated industry
Industry Median: 4.43 vs BOM:532702: 3.58

Competitive Comparison of Gujarat State Petronet's 5-Year Yield-on-Cost %

For the Utilities - Regulated Gas subindustry, Gujarat State Petronet'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.


Gujarat State Petronet's 5-Year Yield-on-Cost % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Gujarat State Petronet's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Gujarat State Petronet's 5-Year Yield-on-Cost % falls into.



Gujarat State Petronet 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 Gujarat State Petronet is calculated as

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

Gujarat State Petronet  (BOM:532702) 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.


Gujarat State Petronet 5-Year Yield-on-Cost % Related Terms

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Gujarat State Petronet (BOM:532702) Business Description

Traded in Other Exchanges
Address
GSPL Bhavan, E-18, GIDC Electronics Estate, Sector-26, Near K-7 Circle, Gandhinagar, GJ, IND, 382028
Gujarat State Petronet Ltd is a regulated Indian natural gas utility company of which the shareholder is a state-owned oil and gas exploration company, Gujarat State Petroleum Corporation. Gujarat State Petronet is involved in the provision of natural gas, compressed natural gas, and liquefied natural gas transmission services in the West Indian state of Gujarat through its pipeline network. The company derives the vast majority of its sales from service fees relating to the transportation of gas to domestic, industrial, and commercial customers. With its many subsidiaries and associate firms, such as Gujarat Gas Limited, Gujarat State Petronet is one of the gas distributors in India.

Gujarat State Petronet (BOM:532702) Headlines

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