GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » SPS Finquest Ltd (BOM:538402) » Definitions » 5-Year Yield-on-Cost %

SPS Finquest (BOM:538402) 5-Year Yield-on-Cost % : 0.00 (As of May. 24, 2024)


View and export this data going back to 2014. Start your Free Trial

What is SPS Finquest 5-Year Yield-on-Cost %?

SPS Finquest's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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



BOM:538402's 5-Year Yield-on-Cost % is not ranked *
in the Credit Services industry.
Industry Median: 4.21
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of SPS Finquest's 5-Year Yield-on-Cost %

For the Credit Services subindustry, SPS Finquest'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.


SPS Finquest's 5-Year Yield-on-Cost % Distribution in the Credit Services Industry

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

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



SPS Finquest 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 SPS Finquest is calculated as

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

SPS Finquest  (BOM:538402) 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.


SPS Finquest 5-Year Yield-on-Cost % Related Terms

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


SPS Finquest (BOM:538402) Business Description

Traded in Other Exchanges
N/A
Address
B.S.Marg, R-514, 5th Floor, Rotunda Building, Fort, Mumbai, MH, IND, 400001
SPS Finquest Ltd is an Indian non-banking finance company that is mainly engaged in stock financing and providing inter-corporate loans. It has operations in the field of Stockbroking, Depository participation, Margin Funding Facility, Working Capital Facility, and Loan Against Shares. Geographically, it operates in India.

SPS Finquest (BOM:538402) Headlines

No Headlines