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Rane Brake Linings (BOM:532987) 5-Year Yield-on-Cost % : 4.14 (As of May. 05, 2024)


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What is Rane Brake Linings 5-Year Yield-on-Cost %?

Rane Brake Linings's yield on cost for the quarter that ended in Dec. 2023 was 4.14.


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

BOM:532987' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.62   Med: 3.62   Max: 9.17
Current: 4.14


During the past 13 years, Rane Brake Linings's highest Yield on Cost was 9.17. The lowest was 0.62. And the median was 3.62.


BOM:532987's 5-Year Yield-on-Cost % is ranked better than
69.04% of 801 companies
in the Vehicles & Parts industry
Industry Median: 2.4 vs BOM:532987: 4.14

Competitive Comparison of Rane Brake Linings's 5-Year Yield-on-Cost %

For the Auto Parts subindustry, Rane Brake Linings'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.


Rane Brake Linings's 5-Year Yield-on-Cost % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Rane Brake Linings's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Rane Brake Linings's 5-Year Yield-on-Cost % falls into.



Rane Brake Linings 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 Rane Brake Linings is calculated as

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

Rane Brake Linings  (BOM:532987) 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.


Rane Brake Linings 5-Year Yield-on-Cost % Related Terms

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Rane Brake Linings (BOM:532987) Business Description

Traded in Other Exchanges
Address
Malthri, No. 132, Cathedral Road, Rane Corporate Centre, Chennai, TN, IND, 600 086
Rane Brake Linings Ltd manufactures and markets auto components. The company offers products such as brake linings, disc pads, clutch facings, clutch buttons, brake shoes and railway brake blocks for passenger cars, utility vehicles, commercial vehicles, two-wheelers, and railways. Geographically, it derives a majority of revenue from India and also has a presence in the Rest of the World. It is engaged in activities related to the manufacture and supply of auto components for the transportation industry.

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