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Vax Housing Finance (BOM:531650) 5-Year Yield-on-Cost % : 0.00 (As of May. 22, 2024)


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What is Vax Housing Finance 5-Year Yield-on-Cost %?

Vax Housing Finance's yield on cost for the quarter that ended in Sep. 2022 was 0.00.


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



BOM:531650's 5-Year Yield-on-Cost % is not ranked *
in the Credit Services industry.
Industry Median: 4.19
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Vax Housing Finance's 5-Year Yield-on-Cost %

For the Credit Services subindustry, Vax Housing Finance'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.


Vax Housing Finance's 5-Year Yield-on-Cost % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Vax Housing Finance's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Vax Housing Finance's 5-Year Yield-on-Cost % falls into.



Vax Housing Finance 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 Vax Housing Finance is calculated as

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

Vax Housing Finance  (BOM:531650) 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.


Vax Housing Finance 5-Year Yield-on-Cost % Related Terms

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


Vax Housing Finance (BOM:531650) Business Description

Traded in Other Exchanges
N/A
Address
301, Simandhar Estate, Near Sakar 3, Income Tax, Ahmedabad, GJ, IND, 380009
Vax Housing Finance Corp Ltd is engaged in credit services. The firm generates its revenue in the form of interest.

Vax Housing Finance (BOM:531650) Headlines

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