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Indraprastha Gas (BOM:532514) 5-Year Yield-on-Cost % : 18.74 (As of Apr. 29, 2024)


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What is Indraprastha Gas 5-Year Yield-on-Cost %?

Indraprastha Gas's yield on cost for the quarter that ended in Dec. 2023 was 18.74.


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

BOM:532514' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.94   Med: 5.94   Max: 26.14
Current: 18.74


During the past 13 years, Indraprastha Gas's highest Yield on Cost was 26.14. The lowest was 1.94. And the median was 5.94.


BOM:532514's 5-Year Yield-on-Cost % is ranked better than
93.72% of 430 companies
in the Utilities - Regulated industry
Industry Median: 4.63 vs BOM:532514: 18.74

Competitive Comparison of Indraprastha Gas's 5-Year Yield-on-Cost %

For the Utilities - Regulated Gas subindustry, Indraprastha Gas'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.


Indraprastha Gas's 5-Year Yield-on-Cost % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Indraprastha Gas's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Indraprastha Gas 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 Indraprastha Gas is calculated as

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

Indraprastha Gas  (BOM:532514) 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.


Indraprastha Gas 5-Year Yield-on-Cost % Related Terms

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Indraprastha Gas (BOM:532514) Business Description

Traded in Other Exchanges
Address
IGL Bhawan, Plot Number 4, Community Centre, Sector-9, R K Puram, New Delhi, IND, 110022
Indraprastha Gas Ltd, or IGL, is an Indian utility company that derives nearly all of its revenue from the sale of natural gas. IGL supplies compressed natural gas (CNG) to the transport sector and piped natural gas (PNG) to domestic, industrial, and commercial sector customers. Most of the natural gas sold by IGL is in the form of compressed natural gas. CNG is an alternative to fossil fuels that is distributed from IGL's portfolio of fueling stations to power a variety of vehicles. The vast majority of these CNG stations are located in the Delhi and National Capital Regions. IGL distributes a significant amount of natural gas through its network of pipelines in Delhi and the National Capital Region, as well. The customers served by IGL's PNG business are primarily residential consumers.

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