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Matin Spinning Mills (DHA:MATINSPINN) 5-Year Yield-on-Cost % : 29.50 (As of May. 14, 2024)


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What is Matin Spinning Mills 5-Year Yield-on-Cost %?

Matin Spinning Mills's yield on cost for the quarter that ended in Dec. 2023 was 29.50.


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

DHA:MATINSPINN' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 8.79   Med: 16.01   Max: 30.48
Current: 29.5


During the past 11 years, Matin Spinning Mills's highest Yield on Cost was 30.48. The lowest was 8.79. And the median was 16.01.


DHA:MATINSPINN's 5-Year Yield-on-Cost % is ranked better than
98.52% of 541 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.67 vs DHA:MATINSPINN: 29.50

Competitive Comparison of Matin Spinning Mills's 5-Year Yield-on-Cost %

For the Textile Manufacturing subindustry, Matin Spinning Mills'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.


Matin Spinning Mills's 5-Year Yield-on-Cost % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Matin Spinning Mills's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Matin Spinning Mills's 5-Year Yield-on-Cost % falls into.



Matin Spinning Mills 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 Matin Spinning Mills is calculated as

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

Matin Spinning Mills  (DHA:MATINSPINN) 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.


Matin Spinning Mills 5-Year Yield-on-Cost % Related Terms

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Matin Spinning Mills (DHA:MATINSPINN) Business Description

Traded in Other Exchanges
N/A
Address
Road 03, House 50, Capita South Avenue Tower, 6th Floor, 7 Gulshan Avenue, Gulshan-1, Dhaka, BGD, 1212
Matin Spinning Mills PLC manufactures and sells all types of Cotton, Viscose, Polyester, Melange and their blend in Bangladesh. The company's manufacturing plant is located at Sardagonj, Dhaka, Bangladesh.

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