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NHPC (NSE:NHPC) 5-Year Yield-on-Cost % : 3.29 (As of May. 11, 2024)


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What is NHPC 5-Year Yield-on-Cost %?

NHPC's yield on cost for the quarter that ended in Dec. 2023 was 3.29.


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

NSE:NHPC' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.03   Med: 8.68   Max: 16.32
Current: 3.29


During the past 13 years, NHPC's highest Yield on Cost was 16.32. The lowest was 3.03. And the median was 8.68.


NSE:NHPC's 5-Year Yield-on-Cost % is ranked worse than
54.01% of 237 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.95 vs NSE:NHPC: 3.29

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

For the Utilities - Renewable subindustry, NHPC'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.


NHPC's 5-Year Yield-on-Cost % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, NHPC's 5-Year Yield-on-Cost % distribution charts can be found below:

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



NHPC 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 NHPC is calculated as

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

NHPC  (NSE:NHPC) 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.


NHPC 5-Year Yield-on-Cost % Related Terms

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NHPC (NSE:NHPC) Business Description

Traded in Other Exchanges
Address
NHPC Office Complex, Sector 33, Faridabad, HR, IND, 121003
NHPC Ltd is an Indian electric utility company of which the Indian government owns the vast majority of shares. The company produces electricity through the operation of its portfolio of hydroelectric power plants located across India. Electricity generation (including income from embedded Finance/ Operating leases) is the principal business activity of the Company. NHPC generates most of its revenue from the sale of energy to state electricity boards, state energy departments, and their successor companies via long-term agreements. The company has made efforts to expand its electric production capacity with thermal, wind, and solar power generating facilities. NHPC operates its power development and secondary consulting businesses exclusively in India.

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