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Sundaram Finance (Sundaram Finance) 5-Year Yield-on-Cost % : 0.00 (As of May. 16, 2024)


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What is Sundaram Finance 5-Year Yield-on-Cost %?

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


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


During the past 13 years, Sundaram Finance's highest Yield on Cost was 3.39. The lowest was 1.03. And the median was 1.94.


SNDMY's 5-Year Yield-on-Cost % is not ranked *
in the Credit Services industry.
Industry Median: 4.31
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Credit Services subindustry, Sundaram Finance'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.


Sundaram Finance's 5-Year Yield-on-Cost % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Sundaram Finance's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Sundaram Finance 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 Sundaram Finance is calculated as

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

Sundaram Finance  (GREY:SNDMY) 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.


Sundaram Finance 5-Year Yield-on-Cost % Related Terms

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Sundaram Finance (Sundaram Finance) Business Description

Traded in Other Exchanges
Address
21, Patullos Road, Chennai, TN, IND, 600 002
Sundaram Finance Ltd is a nonbanking finance company operating in India. The company provides various financial products and services, including commercial vehicle finance, car finance, farm equipment finance, construction equipment finance, and fleet cards. Through its subsidiaries, the company has a diversified presence in insurance, mutual funds, housing finance, business process outsourcing, information technology services, and retail distribution of a wide array of financial services and products. The company's main source of revenue includes mortgages and hire purchase loans.

Sundaram Finance (Sundaram Finance) Headlines

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