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Mohit Industries (BOM:531453) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 10, 2024)


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

Mohit Industries's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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


During the past 13 years, Mohit Industries's highest Yield on Cost was 5.48. The lowest was 1.63. And the median was 2.41.


BOM:531453's 5-Year Yield-on-Cost % is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 2.61
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Textile Manufacturing subindustry, Mohit 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.


Mohit Industries's 5-Year Yield-on-Cost % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mohit Industries's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Mohit 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 Mohit Industries is calculated as

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

Mohit Industries  (BOM:531453) 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.


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

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Mohit Industries (BOM:531453) Business Description

Traded in Other Exchanges
Address
Majura Gate, Ring Road, A-601/B, International Trade Centre, Surat, GJ, IND, 395002
Mohit Industries Ltd is an India-based company engaged in the manufacturing of Yarns and Textile products. The company is engaged in the manufacture of texturized yarn from partially oriented yarn (POY) and the weaving of the yarn to grey cloth. It exports DTY Yarn to South Korea, Thailand, the Czech Republic, Guatemala, Bulgaria, Indonesia, Japan, Vietnam, Malaysia, Mexico, Colombia, UK, Bangladesh, Sweden, Ethiopia and other countries.

Mohit Industries (BOM:531453) Headlines

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