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Tata Consultancy Services (NSE:TCS) 5-Year Yield-on-Cost % : 2.19 (As of Apr. 27, 2024)


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What is Tata Consultancy Services 5-Year Yield-on-Cost %?

Tata Consultancy Services's yield on cost for the quarter that ended in Mar. 2024 was 2.19.


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

NSE:TCS' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.43   Med: 2.24   Max: 4.52
Current: 2.19


During the past 13 years, Tata Consultancy Services's highest Yield on Cost was 4.52. The lowest was 1.43. And the median was 2.24.


NSE:TCS's 5-Year Yield-on-Cost % is ranked worse than
50.85% of 936 companies
in the Software industry
Industry Median: 2.29 vs NSE:TCS: 2.19

Competitive Comparison of Tata Consultancy Services's 5-Year Yield-on-Cost %

For the Information Technology Services subindustry, Tata Consultancy Services'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.


Tata Consultancy Services's 5-Year Yield-on-Cost % Distribution in the Software Industry

For the Software industry and Technology sector, Tata Consultancy Services's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Tata Consultancy Services's 5-Year Yield-on-Cost % falls into.



Tata Consultancy Services 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 Tata Consultancy Services is calculated as

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

Tata Consultancy Services  (NSE:TCS) 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.


Tata Consultancy Services 5-Year Yield-on-Cost % Related Terms

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Tata Consultancy Services (NSE:TCS) Business Description

Traded in Other Exchanges
Address
Raveline Street, TCS House, Fort, Mumbai, MH, IND, 400001
Tata Consultancy Services is a leading global IT services provider, with nearly 450,000 employees. Based in Mumbai, the India IT services firm leverages its offshore outsourcing model to derive half of its revenue from North America. The company offers traditional IT services offerings: consulting, managed services, and cloud infrastructure services as well as business process outsourcing as a service, or BPaaS.