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Garware Hi-Tech Films (BOM:500655) 5-Year Yield-on-Cost % : 0.63 (As of May. 10, 2024)


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What is Garware Hi-Tech Films 5-Year Yield-on-Cost %?

Garware Hi-Tech Films's yield on cost for the quarter that ended in Dec. 2023 was 0.63.


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

BOM:500655' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.38   Med: 1.33   Max: 12.9
Current: 0.63


During the past 13 years, Garware Hi-Tech Films's highest Yield on Cost was 12.90. The lowest was 0.38. And the median was 1.33.


BOM:500655's 5-Year Yield-on-Cost % is ranked worse than
82.7% of 1052 companies
in the Chemicals industry
Industry Median: 2.325 vs BOM:500655: 0.63

Competitive Comparison of Garware Hi-Tech Films's 5-Year Yield-on-Cost %

For the Specialty Chemicals subindustry, Garware Hi-Tech Films'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.


Garware Hi-Tech Films's 5-Year Yield-on-Cost % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Garware Hi-Tech Films's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Garware Hi-Tech Films's 5-Year Yield-on-Cost % falls into.



Garware Hi-Tech Films 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 Garware Hi-Tech Films is calculated as

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

Garware Hi-Tech Films  (BOM:500655) 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.


Garware Hi-Tech Films 5-Year Yield-on-Cost % Related Terms

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Garware Hi-Tech Films (BOM:500655) Business Description

Traded in Other Exchanges
Address
50 - A, Swami Nityanand Marg, Garware House, Vile Parle (East), Mumbai, MH, IND, 400 057
Garware Hi-Tech Films Ltd is engaged in the business of manufacturing of Polyester Films. Geographically, it derives a majority of revenue from India. The company manufactures Bi-axially Oriented Polyethylene Terephthalate (BOPET)/Polyester Films, Sun Control Films, Thermal Lamination Films, and Specialty Polyester Films. It also manufactures premium grade heat rejection films based on the latest IR Rejection Technology. These products are used in packaging, electrical and motor and cable insulations, shrink film for label application, colored polyester films for window tint application, sequin, and safety. Geographically, it derives a majority of revenue from the Rest of the world.

Garware Hi-Tech Films (BOM:500655) Headlines

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