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Visa Steel (NSE:VISASTEEL) 5-Year Yield-on-Cost % : 0.00 (As of May. 20, 2024)


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What is Visa Steel 5-Year Yield-on-Cost %?

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


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


During the past 13 years, Visa Steel's highest Yield on Cost was 2.37. The lowest was 0.00. And the median was 2.32.


NSE:VISASTEEL's 5-Year Yield-on-Cost % is not ranked *
in the Steel industry.
Industry Median: 3.44
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Steel subindustry, Visa Steel'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.


Visa Steel's 5-Year Yield-on-Cost % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Visa Steel's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Visa Steel 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 Visa Steel is calculated as

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

Visa Steel  (NSE:VISASTEEL) 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.


Visa Steel 5-Year Yield-on-Cost % Related Terms

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Visa Steel (NSE:VISASTEEL) Business Description

Traded in Other Exchanges
Address
8/10 Alipore Road, VISA House, Kolkata, WB, IND, 700027
Visa Steel Ltd is an India-based mineral, metal, and energy company. It is engaged in the manufacturing of iron and steel products, including pig iron, sponge iron, special steel, and high carbon ferrochrome with the captive power plant at Kalinganagar, Odisha. The Company's segments include Special Steel and Ferro Alloys. The Special Steel segment includes bars and wire rods, billets and blooms, pig iron and sponge iron, and other allied products. The firm's products range consists of special steel long products, Ferro Chrome and Coke. The firm generates a majority of its revenue from India.

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