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Syrma SGS Technology (NSE:SYRMA) 5-Year Yield-on-Cost % : 0.31 (As of Jun. 23, 2024)


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What is Syrma SGS Technology 5-Year Yield-on-Cost %?

Syrma SGS Technology's yield on cost for the quarter that ended in Mar. 2024 was 0.31.


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

NSE:SYRMA' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.22   Med: 0.29   Max: 0.38
Current: 0.31


During the past 5 years, Syrma SGS Technology's highest Yield on Cost was 0.38. The lowest was 0.22. And the median was 0.29.


NSE:SYRMA's 5-Year Yield-on-Cost % is ranked worse than
93.4% of 1393 companies
in the Hardware industry
Industry Median: 2.57 vs NSE:SYRMA: 0.31

Competitive Comparison of Syrma SGS Technology's 5-Year Yield-on-Cost %

For the Electronic Components subindustry, Syrma SGS Technology'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.


Syrma SGS Technology's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

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

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



Syrma SGS Technology 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 Syrma SGS Technology is calculated as

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

Syrma SGS Technology  (NSE:SYRMA) 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.


Syrma SGS Technology 5-Year Yield-on-Cost % Related Terms

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Syrma SGS Technology (NSE:SYRMA) Business Description

Traded in Other Exchanges
Address
MEPZ-SEZ, Sanatorium, Plot B27, Phase II, Zone B, Tambaram, Chennai, TN, IND, 600 045
Syrma SGS Technology Ltd is a technology focussed engineering and design company engaged in turnkey electronics manufacturing services, specializing in precision manufacturing for diverse end-use industries, including industrial appliances, automotive, healthcare, consumer products and IT industries.

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