Amit Securities (BOM:531557) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 20, 2024)

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What is Amit Securities 5-Year Yield-on-Cost %?

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

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

BOM:531557's 5-Year Yield-on-Cost % is not ranked ^*
in the Metals & Mining industry.
Industry Median: 3.18
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Amit Securities's 5-Year Yield-on-Cost %

For the Aluminum subindustry, Amit Securities'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.

Amit Securities's 5-Year Yield-on-Cost % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Amit Securities's 5-Year Yield-on-Cost % distribution charts can be found below:

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

Amit Securities 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 Amit Securities is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Amit Securities (BOM:531557) 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.

Amit Securities 5-Year Yield-on-Cost % Related Terms

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Amit Securities (BOM:531557) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Amit Securities Ltd (BOM:531557) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2, Shivaji Nagar, Indore, MP, IND, 452003

Website

http://www.amitsecurities.com

Amit Securities Ltd is engaged in the trading of aluminum utensils and investments in mutual funds, shares, and securities. The company operates its business through two segments: Trading of goods and carrying Investments and Trading of Shares and Advances. The firm's majority revenue gets generated through the trading of metals.

Amit Securities (BOM:531557) Headlines

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