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Hind Aluminium Industries (BOM:531979) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 14, 2024)


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What is Hind Aluminium Industries 5-Year Yield-on-Cost %?

Hind Aluminium Industries's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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


During the past 13 years, Hind Aluminium Industries's highest Yield on Cost was 4.37. The lowest was 0.00. And the median was 1.83.


BOM:531979's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.17
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Hind Aluminium Industries's 5-Year Yield-on-Cost %

For the Aluminum subindustry, Hind Aluminium Industries'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.


Hind Aluminium Industries's 5-Year Yield-on-Cost % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Hind Aluminium Industries's 5-Year Yield-on-Cost % falls into.



Hind Aluminium Industries 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 Hind Aluminium Industries is calculated as

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

Hind Aluminium Industries  (BOM:531979) 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.


Hind Aluminium Industries 5-Year Yield-on-Cost % Related Terms

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Hind Aluminium Industries (BOM:531979) Business Description

Traded in Other Exchanges
N/A
Address
Dr. Annie Besant Road, B-1, Tulsi Vihar, Worli Naka, Mumbai, IND, 400 018
Hind Aluminium Industries Ltd is the manufacturer of aluminium electrical conductor wire rods and aluminium conductors. Principally, it is engaged in product up-gradation, design, and new product development. The company's segment includes Aluminium product, and Power. It also comprises of two businesses namely aluminium and wind and solar power generation. The company manufactures aluminum wire rods, alloy rods, all aluminum conductors, all aluminum alloy conductors, aluminum conductor alloy reinforced, aluminum conductor steel reinforced, aluminum alloy conductor steel reinforced. It has over two wind turbine generators and four solar power plants in India.

Hind Aluminium Industries (BOM:531979) Headlines

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