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Usha Martin (BOM:517146) 5-Year Yield-on-Cost % : 0.67 (As of May. 05, 2024)


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What is Usha Martin 5-Year Yield-on-Cost %?

Usha Martin's yield on cost for the quarter that ended in Mar. 2024 was 0.67.


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

BOM:517146' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.32   Med: 0.7   Max: 1.64
Current: 0.67


During the past 13 years, Usha Martin's highest Yield on Cost was 1.64. The lowest was 0.32. And the median was 0.70.


BOM:517146's 5-Year Yield-on-Cost % is ranked worse than
82.77% of 354 companies
in the Steel industry
Industry Median: 3.385 vs BOM:517146: 0.67

Competitive Comparison of Usha Martin's 5-Year Yield-on-Cost %

For the Steel subindustry, Usha Martin'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.


Usha Martin's 5-Year Yield-on-Cost % Distribution in the Steel Industry

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

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



Usha Martin 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 Usha Martin is calculated as

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

Usha Martin  (BOM:517146) 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.


Usha Martin 5-Year Yield-on-Cost % Related Terms

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Usha Martin (BOM:517146) Business Description

Traded in Other Exchanges
Address
2A, Shakespeare Sarani, Mangal Kalash, Kolkata, WB, IND, 700 071
Usha Martin Ltd is engaged in the business of the production of wire rope. The company's operating segment includes Wire and wire ropes and others. It generates maximum revenue from the Wire and wire ropes segment. The wire and wire ropes segment manufactures and sells steel wires, strands, wire ropes, cords, related accessories, and others. Its Others segment includes the manufacturing and selling of wire drawing and allied machines and corporate office. Geographically, it derives a majority of revenue from India.

Usha Martin (BOM:517146) Headlines

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