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Ascom Leasing & Investments (NSE:ASCOM) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 21, 2024)


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What is Ascom Leasing & Investments 5-Year Yield-on-Cost %?

Ascom Leasing & Investments's yield on cost for the quarter that ended in Mar. 2023 was 0.00.


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



NSE:ASCOM's 5-Year Yield-on-Cost % is not ranked *
in the Credit Services industry.
Industry Median: 4.32
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Ascom Leasing & Investments's 5-Year Yield-on-Cost %

For the Credit Services subindustry, Ascom Leasing & Investments'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.


Ascom Leasing & Investments's 5-Year Yield-on-Cost % Distribution in the Credit Services Industry

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

* The bar in red indicates where Ascom Leasing & Investments's 5-Year Yield-on-Cost % falls into.



Ascom Leasing & Investments 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 Ascom Leasing & Investments is calculated as

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

Ascom Leasing & Investments  (NSE:ASCOM) 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.


Ascom Leasing & Investments 5-Year Yield-on-Cost % Related Terms

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Ascom Leasing & Investments (NSE:ASCOM) Business Description

Traded in Other Exchanges
N/A
Address
Aditya Group 331-336, VIP Road Vesu, 3rd Floor, Four Point Complex, Besides Manibha Park, Surat, GJ, IND, 395007
Ascom Leasing & Investments Ltd is a non-banking finance company engaged in the business of finance and lending. The company provides term loans, mortgage financing, personal loans, Gold loans, and Projected loans.

Ascom Leasing & Investments (NSE:ASCOM) Headlines

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