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Hitech (NSE:HITECHCORP) 5-Year Yield-on-Cost % : 0.60 (As of May. 13, 2025)


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What is Hitech 5-Year Yield-on-Cost %?

Hitech's yield on cost for the quarter that ended in Dec. 2024 was 0.60.


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

NSE:HITECHCORP' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.31   Med: 0.55   Max: 1.92
Current: 0.6


During the past 13 years, Hitech's highest Yield on Cost was 1.92. The lowest was 0.31. And the median was 0.55.


NSE:HITECHCORP's 5-Year Yield-on-Cost % is ranked worse than
88.28% of 256 companies
in the Packaging & Containers industry
Industry Median: 3.025 vs NSE:HITECHCORP: 0.60

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

For the Packaging & Containers subindustry, Hitech'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.


Hitech's 5-Year Yield-on-Cost % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Hitech's 5-Year Yield-on-Cost % distribution charts can be found below:

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


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Hitech 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 Hitech is calculated as

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

Hitech  (NSE:HITECHCORP) 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.


Hitech 5-Year Yield-on-Cost % Related Terms

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Hitech Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, Unit No. 201, 2nd Floor, Welspun House, Kamala City, Lower Parel (West), Mumbai, MH, IND, 400 013
Hitech Corp Ltd is an India-based company engaged in the manufacturing of packaging products of plastics. The Company has identified Plastic Containers as its single primary reportable segment. It has several manufacturing facilities in India and caters to various industries. The company's product includes paint and coating, personal care, food and beverages, healthcare, construction chemicals and adhesives, agrochemicals, and lubricants.

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