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Niyogin Fintech (BOM:538772) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 06, 2024)


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What is Niyogin Fintech 5-Year Yield-on-Cost %?

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


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



BOM:538772's 5-Year Yield-on-Cost % is not ranked *
in the Credit Services industry.
Industry Median: 4.535
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Niyogin Fintech's 5-Year Yield-on-Cost %

For the Credit Services subindustry, Niyogin Fintech'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.


Niyogin Fintech's 5-Year Yield-on-Cost % Distribution in the Credit Services Industry

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

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



Niyogin Fintech 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 Niyogin Fintech is calculated as

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

Niyogin Fintech  (BOM:538772) 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.


Niyogin Fintech 5-Year Yield-on-Cost % Related Terms

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Niyogin Fintech (BOM:538772) Business Description

Traded in Other Exchanges
N/A
Address
Kirol Road, 311/312, 3rd Floor, Neelkanth Corporate IT Park, Vidyavihar (West), Mumbai, MH, IND, 400086
Niyogin Fintech Ltd is an Indian non-banking finance company. It is engaged in providing lending facilities and credit services to small and medium business. Geographically, it operates only in India. The company generates its revenue in the form of interest income, processing fees, Bounce charges, and other finance charges.

Niyogin Fintech (BOM:538772) Headlines

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