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Gujarat Gas (BOM:539336) 5-Year Yield-on-Cost % : 4.52 (As of May. 13, 2024)


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

Gujarat Gas's yield on cost for the quarter that ended in Dec. 2023 was 4.52.


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

BOM:539336' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.61   Med: 1.63   Max: 5.89
Current: 4.52


During the past 13 years, Gujarat Gas's highest Yield on Cost was 5.89. The lowest was 0.61. And the median was 1.63.


BOM:539336's 5-Year Yield-on-Cost % is ranked better than
50% of 426 companies
in the Utilities - Regulated industry
Industry Median: 4.51 vs BOM:539336: 4.52

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

For the Utilities - Regulated Gas subindustry, Gujarat 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.


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

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

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



Gujarat 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 Gujarat Gas is calculated as

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

Gujarat Gas  (BOM:539336) 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.


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

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Gujarat Gas (BOM:539336) Business Description

Traded in Other Exchanges
Address
2, Shanti Sadan Society, Near Parimal Garden, Ellisbridge, Ahmedabad, GJ, IND, 380 006
Gujarat Gas Ltd is an India based gas distribution company. Its activities include sale, purchase, supply, distribution, transport, trading in Natural Gas, Compressed natural gas, Liquefied natural gas, Liquefied petroleum gas and other gaseous forms. The company transports the gas through pipelines, trucks, trains or other suitable mode for transportation. It operates in the segment of the natural gas business. All the business activities of the company are carried out in India.

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