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Jai Balaji Industries (NSE:JAIBALAJI) 5-Year Yield-on-Cost % : 0.00 (As of May. 24, 2024)


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What is Jai Balaji Industries 5-Year Yield-on-Cost %?

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


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


During the past 13 years, Jai Balaji Industries's highest Yield on Cost was 4.53. The lowest was 0.00. And the median was 0.65.


NSE:JAIBALAJI's 5-Year Yield-on-Cost % is not ranked *
in the Steel industry.
Industry Median: 3.44
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Steel subindustry, Jai Balaji 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.


Jai Balaji Industries's 5-Year Yield-on-Cost % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Jai Balaji Industries's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Jai Balaji 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 Jai Balaji Industries is calculated as

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

Jai Balaji Industries  (NSE:JAIBALAJI) 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.


Jai Balaji Industries 5-Year Yield-on-Cost % Related Terms

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Jai Balaji Industries (NSE:JAIBALAJI) Business Description

Traded in Other Exchanges
Address
5, Bentinck Street, 1st Floor, Kolkata, WB, IND, 700 001
Jai Balaji Industries Ltd is an India based iron and steel manufacturing company. It manufactures Sponge Iron, Pig Iron, Ductile Iron Pipe, Ferro Chrome, Billet, TMT, Coke, and Sinter. The company is engaged in a single reportable segment of Iron and Steel. Geographically, it has a business presence in India and also exports it to other countries, of which key revenue is derived from India.

Jai Balaji Industries (NSE:JAIBALAJI) Headlines

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