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Amforge Industries (BOM:513117) 5-Year Yield-on-Cost % : 0.00 (As of May. 11, 2024)


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What is Amforge Industries 5-Year Yield-on-Cost %?

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


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



BOM:513117's 5-Year Yield-on-Cost % is not ranked *
in the Steel industry.
Industry Median: 3.375
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Amforge Industries's 5-Year Yield-on-Cost %

For the Steel subindustry, Amforge Industries'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.


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

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

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



Amforge Industries 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 Amforge Industries is calculated as

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

Amforge Industries  (BOM:513117) 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.


Amforge Industries 5-Year Yield-on-Cost % Related Terms

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Amforge Industries (BOM:513117) Business Description

Traded in Other Exchanges
N/A
Address
1118, Free Press Journal Marg, Dalamal Tower, 11th Floor, Nariman Point, Mumbai, MH, IND, 400021
Amforge Industries Ltd is an Indian company engaged in trading of steel products.

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