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Nitiraj Engineers (NSE:NITIRAJ) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 19, 2024)


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What is Nitiraj Engineers 5-Year Yield-on-Cost %?

Nitiraj Engineers's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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



NSE:NITIRAJ's 5-Year Yield-on-Cost % is not ranked *
in the Hardware industry.
Industry Median: 2.58
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Scientific & Technical Instruments subindustry, Nitiraj Engineers'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.


Nitiraj Engineers's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nitiraj Engineers's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Nitiraj Engineers 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 Nitiraj Engineers is calculated as

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

Nitiraj Engineers  (NSE:NITIRAJ) 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.


Nitiraj Engineers 5-Year Yield-on-Cost % Related Terms

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Nitiraj Engineers (NSE:NITIRAJ) Business Description

Traded in Other Exchanges
N/A
Address
Plot NO J25, J26,MIDC Awadhan,, Dhule, MH, IND, 424006
Nitiraj Engineers Ltd offers measure and counting devices in India. It operates in five broad segments i.e., Electronic Weighing Scales and Systems, Electronic Currency Counting Machines, and Digital Fare Meters, Home and Hotel Automation, and Mechanical Scales. The company generates maximum revenue from the Electronic Weighing Scales and Systems segment. Its diverse product portfolio caters to various sectors such as industrial, commercial, jewellery, healthcare, household, automobile, and home and hotel. Geographically it derives a majority of its revenue from India.

Nitiraj Engineers (NSE:NITIRAJ) Headlines

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