NMDC (BOM:526371) 5-Year Yield-on-Cost % : 4.44 (As of Jun. 09, 2024)

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

NMDC's yield on cost for the quarter that ended in Mar. 2024 was 4.44.

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

BOM:526371' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.67 Med: 5.26 Max: 24.97
Current: 4.44

During the past 13 years, NMDC's highest Yield on Cost was 24.97. The lowest was 2.67. And the median was 5.26.

BOM:526371's 5-Year Yield-on-Cost % is ranked better than
56.7% of 351 companies
in the Steel industry
Industry Median: 3.45 vs BOM:526371: 4.44

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

For the Steel subindustry, NMDC'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.

NMDC's 5-Year Yield-on-Cost % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, NMDC's 5-Year Yield-on-Cost % distribution charts can be found below:

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

NMDC 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 NMDC is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

NMDC (BOM:526371) 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.

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

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NMDC (BOM:526371) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » NMDC Ltd (BOM:526371) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

NMDC:India

Address

Khanij Bhavan, 10-3-311/A, Castle Hills, Masab Tank, Hyderabad, TG, IND, 500 028

Website

https://www.nmdc.co.in

NMDC Ltd is engaged in the mining of a wide range of minerals, including iron ore, copper, sponge iron, rock phosphate, limestone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite, and beach sands. The company also owns a windmill project in Karnataka. Iron ore accounts for most of its revenue. It produces iron ore from three mines: namely, Bailadila Deposit-14/11C, Bailadila Deposit-5, 10/11A (Chhattisgarh State), and Donimalai Iron Ore Mines (Karnataka State). Geographically, the company generates the majority of its revenue from the Indian domestic market. The Indian government owns a majority share of the company.

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