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Mahanagar Gas (NSE:MGL) 5-Year Yield-on-Cost % : 3.11 (As of Mar. 29, 2025)


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What is Mahanagar Gas 5-Year Yield-on-Cost %?

Mahanagar Gas's yield on cost for the quarter that ended in Dec. 2024 was 3.11.


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

NSE:MGL' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.41   Med: 2.93   Max: 4.78
Current: 3.11


During the past 13 years, Mahanagar Gas's highest Yield on Cost was 4.78. The lowest was 1.41. And the median was 2.93.


NSE:MGL's 5-Year Yield-on-Cost % is ranked worse than
66.44% of 432 companies
in the Utilities - Regulated industry
Industry Median: 4.31 vs NSE:MGL: 3.11

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

For the Utilities - Regulated Gas subindustry, Mahanagar Gas'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.


Mahanagar Gas's 5-Year Yield-on-Cost % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Mahanagar Gas's 5-Year Yield-on-Cost % distribution charts can be found below:

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


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Mahanagar Gas 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 Mahanagar Gas is calculated as

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

Mahanagar Gas  (NSE:MGL) 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.


Mahanagar Gas 5-Year Yield-on-Cost % Related Terms

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Mahanagar Gas Business Description

Traded in Other Exchanges
Address
Block No. G-33, Bandra-Kurla Complex, MGL House, Bandra (East), Mumbai, MH, IND, 400051
Mahanagar Gas Ltd is an India-based natural gas distribution company. It distributes natural gas through the City Gas Distribution network of pipelines. It distributes compressed natural gas (CNG) for use in vehicles and piped natural gas (PNG) for domestic household, commercial, and industrial use, and to transport sector customers as well. The company operates under the business segment of the sale of natural gas. Its business operations are principally carried out in India. The company generates revenue by selling natural gas, of which the sale of CNG accounts majorly for the total gas sales revenue.

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