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Vardhman Acrylics (NSE:VARDHACRLC) 5-Year Yield-on-Cost % : 4.50 (As of May. 20, 2024)


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What is Vardhman Acrylics 5-Year Yield-on-Cost %?

Vardhman Acrylics's yield on cost for the quarter that ended in Mar. 2024 was 4.50.


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

NSE:VARDHACRLC' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.48   Med: 5.48   Max: 52.3
Current: 4.5


During the past 13 years, Vardhman Acrylics's highest Yield on Cost was 52.30. The lowest was 2.48. And the median was 5.48.


NSE:VARDHACRLC's 5-Year Yield-on-Cost % is ranked better than
67.35% of 539 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.56 vs NSE:VARDHACRLC: 4.50

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

For the Textile Manufacturing subindustry, Vardhman Acrylics'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.


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

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

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



Vardhman Acrylics 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 Vardhman Acrylics is calculated as

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

Vardhman Acrylics  (NSE:VARDHACRLC) 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.


Vardhman Acrylics 5-Year Yield-on-Cost % Related Terms

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Vardhman Acrylics (NSE:VARDHACRLC) Business Description

Traded in Other Exchanges
N/A
Address
Chandigarh Road, Vardhman Premises, Ludhiana, PB, IND, 141010
Vardhman Acrylics Ltd is engaged in manufacturing man-made fibers. The firm operates through the Acrylic Fibre and Tow segment having its manufacturing facility in Gujarat, India. Its products are widely used for the manufacture of winter wear such as sweaters, woolen fabric, technical textiles such as non-wovens and carpets, and others.

Vardhman Acrylics (NSE:VARDHACRLC) Headlines

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