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Max Financial Services (BOM:500271) 5-Year Yield-on-Cost % : 0.00 (As of May. 26, 2024)


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What is Max Financial Services 5-Year Yield-on-Cost %?

Max Financial Services's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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



BOM:500271's 5-Year Yield-on-Cost % is not ranked *
in the Insurance industry.
Industry Median: 3.92
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Max Financial Services's 5-Year Yield-on-Cost %

For the Insurance - Life subindustry, Max Financial Services'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.


Max Financial Services's 5-Year Yield-on-Cost % Distribution in the Insurance Industry

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

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



Max Financial Services 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 Max Financial Services is calculated as

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

Max Financial Services  (BOM:500271) 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.


Max Financial Services 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Max Financial Services's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Max Financial Services (BOM:500271) Business Description

Traded in Other Exchanges
Address
L20M, Plot No. C-001/A/1, Sector 16B, Max Towers, Noida, UP, IND, 201301
Max Financial Services Ltd is a non-bank private life insurance company. Max Group entities are Max Life Insurance Company, Max India, and Max Venture & Industries. Max Life Insurance Company is co-owned by Max Financial Services and Mitsui Sumitomo Insurance, a Japanese life insurance company. Max India offers healthcare and health insurance. The Max-Ventures and Industries division is an entrepreneurial division that helps the government with economic and commercial efforts. The company's operating segment involves Business Investment and Life Insurance. It earns the majority of revenue from Life Insurance segment.

Max Financial Services (BOM:500271) Headlines

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