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Bihar Sponge Iron (BOM:500058) 5-Year Yield-on-Cost % : 0.00 (As of May. 01, 2025)


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What is Bihar Sponge Iron 5-Year Yield-on-Cost %?

Bihar Sponge Iron's yield on cost for the quarter that ended in Dec. 2024 was 0.00.


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



BOM:500058's 5-Year Yield-on-Cost % is not ranked *
in the Steel industry.
Industry Median: 3.855
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Bihar Sponge Iron's 5-Year Yield-on-Cost %

For the Steel subindustry, Bihar Sponge Iron'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.


Bihar Sponge Iron's 5-Year Yield-on-Cost % Distribution in the Steel Industry

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

* The bar in red indicates where Bihar Sponge Iron's 5-Year Yield-on-Cost % falls into.


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Bihar Sponge Iron 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 Bihar Sponge Iron is calculated as

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

Bihar Sponge Iron  (BOM:500058) 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.


Bihar Sponge Iron 5-Year Yield-on-Cost % Related Terms

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Bihar Sponge Iron Business Description

Traded in Other Exchanges
N/A
Address
Umesh Nagar, Chandil, District Saraikela, Kharsawan, JH, IND, 832401
Bihar Sponge Iron Ltd is engaged in manufacturing and selling of sponge iron. It is involved in manufacturing, producing, purchasing, exporting, selling and dealing with the pre-reduced form of iron, including sponge iron. It produces sponge iron from coal and iron ore. The company's primary product, sponge iron, is a pre-reduced ferrous material, which is used in the place of steel scrap by secondary steel producers operating induction and electric arc furnaces in the construction and infrastructure sectors.

Bihar Sponge Iron Headlines

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