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GIC Housing Finance (NSE:GICHSGFIN) 5-Year Yield-on-Cost % : 1.87 (As of May. 30, 2024)


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What is GIC Housing Finance 5-Year Yield-on-Cost %?

GIC Housing Finance's yield on cost for the quarter that ended in Mar. 2024 was 1.87.


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

NSE:GICHSGFIN' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.72   Med: 2.01   Max: 8.1
Current: 1.87


During the past 13 years, GIC Housing Finance's highest Yield on Cost was 8.10. The lowest was 0.72. And the median was 2.01.


NSE:GICHSGFIN's 5-Year Yield-on-Cost % is ranked worse than
88.25% of 1191 companies
in the Banks industry
Industry Median: 5.06 vs NSE:GICHSGFIN: 1.87

Competitive Comparison of GIC Housing Finance's 5-Year Yield-on-Cost %

For the Mortgage Finance subindustry, GIC Housing Finance'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.


GIC Housing Finance's 5-Year Yield-on-Cost % Distribution in the Banks Industry

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

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



GIC Housing Finance 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 GIC Housing Finance is calculated as

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

GIC Housing Finance  (NSE:GICHSGFIN) 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.


GIC Housing Finance 5-Year Yield-on-Cost % Related Terms

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GIC Housing Finance (NSE:GICHSGFIN) Business Description

Traded in Other Exchanges
Address
14, Jamshedji Tata Road, 6th Floor, National Insurance Building, Churchgate, Mumbai, MH, IND, 400 020
GIC Housing Finance Ltd is a specialty finance firm located in India. It was formed with the objective of entering the field of direct lending to individuals and other corporates to accelerate housing activities in India. The primary activity of the company is granting housing loans to individuals and to persons/entities involved in the construction of houses for residential purposes. The company is exclusively engaged in the housing finance business and revenues are mainly derived from this activity. It operates in a single business segment that is financing.

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