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Riddhiorate Services (BOM:540590) 5-Year Yield-on-Cost % : 0.56 (As of Jun. 04, 2024)


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What is Riddhiorate Services 5-Year Yield-on-Cost %?

Riddhiorate Services's yield on cost for the quarter that ended in Dec. 2023 was 0.56.


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

BOM:540590' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.09   Med: 0.12   Max: 0.56
Current: 0.56


During the past 7 years, Riddhiorate Services's highest Yield on Cost was 0.56. The lowest was 0.09. And the median was 0.12.


BOM:540590's 5-Year Yield-on-Cost % is ranked worse than
92.94% of 595 companies
in the Business Services industry
Industry Median: 3.47 vs BOM:540590: 0.56

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

For the Specialty Business Services subindustry, Riddhiorate 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.


Riddhiorate Services's 5-Year Yield-on-Cost % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Riddhiorate Services's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Riddhiorate 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 Riddhiorate Services is calculated as

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

Riddhiorate Services  (BOM:540590) 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.


Riddhiorate Services 5-Year Yield-on-Cost % Related Terms

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Riddhiorate Services (BOM:540590) Business Description

Traded in Other Exchanges
N/A
Address
Ashram Road, 10, Mill Officers Colony, Behind Old RBI, Opposite Times Of India, Ahmedabad, GJ, IND, 380009
Riddhi Corporate Services Ltd is engaged in data processing, hosting, and related activities. Its other activities include document management and digitization, contact centre, warehousing, address verification, data entry services, and software development. The company serves Telecom, Banking, NBFC, and IT sectors.

Riddhiorate Services (BOM:540590) Headlines

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