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Goenka Business & Finance (BOM:538787) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 22, 2024)


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What is Goenka Business & Finance 5-Year Yield-on-Cost %?

Goenka Business & Finance's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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



BOM:538787's 5-Year Yield-on-Cost % is not ranked *
in the Capital Markets industry.
Industry Median: 2.93
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Goenka Business & Finance's 5-Year Yield-on-Cost %

For the Capital Markets subindustry, Goenka Business & 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.


Goenka Business & Finance's 5-Year Yield-on-Cost % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Goenka Business & Finance's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Goenka Business & 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 Goenka Business & Finance is calculated as

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

Goenka Business & Finance  (BOM:538787) 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.


Goenka Business & Finance 5-Year Yield-on-Cost % Related Terms

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Goenka Business & Finance (BOM:538787) Business Description

Traded in Other Exchanges
N/A
Address
Office no.9, Shivranjani Cross road, Sadguru Complex, 4th Floor, Satellite, Ahmedabad, GJ, IND, 380015
Goenka Business & Finance Ltd is an India-based non-banking financial company. The company is engaged in providing secured and unsecured financial loans. The Company invests in buy, sell, transfer, hypothecate, deal in and dispose of any shares, stocks debentures, debenture stock, securities, properties of any other Company including securities of any Government, Local Authority, bonds, and certificates.

Goenka Business & Finance (BOM:538787) Headlines

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