Scan Steels (BOM:511672) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 20, 2024)

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What is Scan Steels 5-Year Yield-on-Cost %?

Scan Steels's yield on cost for the quarter that ended in Mar. 2024 was 0.00.

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

BOM:511672'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 Scan Steels's 5-Year Yield-on-Cost %

For the Steel subindustry, Scan Steels'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.

Scan Steels's 5-Year Yield-on-Cost % Distribution in the Steel Industry

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

* The bar in red indicates where Scan Steels's 5-Year Yield-on-Cost % falls into.

Scan Steels 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 Scan Steels is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Scan Steels (BOM:511672) 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.

Scan Steels 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Scan Steels's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.

Scan Steels (BOM:511672) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Scan Steels Ltd (BOM:511672) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Magnetics Chowk, Plot No. 516/1723/3991, 2nd Floor, Trishana Nirmalya, Patia, Bhubaneswar, OR, IND, 751024

Website

https://www.scansteels.com

Scan Steels Ltd is an Indian-based iron and steel company. It is engaged in the manufacturing of steel products and power generation for captive consumption. The company operates through a single segment which is Steel Manufacturing. Its products include MS Billets, SHRISHTII TMT, SHRISHTII Structural, SHRISHTII Roofing, and Fly Ash Bricks.

Scan Steels (BOM:511672) Headlines

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