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Power Grid Of India (NSE:POWERGRID) 5-Year Yield-on-Cost % : 11.32 (As of May. 16, 2024)


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What is Power Grid Of India 5-Year Yield-on-Cost %?

Power Grid Of India's yield on cost for the quarter that ended in Dec. 2023 was 11.32.


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

NSE:POWERGRID' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 10.76   Med: 15.55   Max: 24.06
Current: 11.32


During the past 13 years, Power Grid Of India's highest Yield on Cost was 24.06. The lowest was 10.76. And the median was 15.55.


NSE:POWERGRID's 5-Year Yield-on-Cost % is ranked better than
85.95% of 427 companies
in the Utilities - Regulated industry
Industry Median: 4.48 vs NSE:POWERGRID: 11.32

Competitive Comparison of Power Grid Of India's 5-Year Yield-on-Cost %

For the Utilities - Regulated Electric subindustry, Power Grid Of India'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.


Power Grid Of India's 5-Year Yield-on-Cost % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Power Grid Of India's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Power Grid Of India's 5-Year Yield-on-Cost % falls into.



Power Grid Of India 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 Power Grid Of India is calculated as

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

Power Grid Of India  (NSE:POWERGRID) 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.


Power Grid Of India 5-Year Yield-on-Cost % Related Terms

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Power Grid Of India (NSE:POWERGRID) Business Description

Traded in Other Exchanges
Address
Saudamini, Plot No. 2, Sector 29, Gurgaon, HR, IND, 122 001
Power Grid Corp Of India Ltd is a state-owned electric utility company in India. The activities of the firm are operated through Transmission, Telecom, and Consultancy segments. Under the Transmission division, the company's principal business is the transmission of bulk power across different states of India. Whereas the Telecom division leverages firm's nationwide transmission infrastructure and operates as a neutral carrier in the point to point Bandwidth Leasing Business. The company is also involved in Consultancy business in which it provides in-house expertise in the Transmission, Distribution and Telecom sectors, including planning design, engineering, load dispatch, procurement management, financing, and other. Geographically all the activities are carried out in India.

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