What is The Shipping of India Forward Dividend Yield %?
As of today (2024-06-01), the Forward Annual Dividend Yield of The Shipping of India is 0.18%.
As of today (2024-06-01), the Trailing Annual Dividend Yield of The Shipping of India is 0.18%.
BOM:523598's Forward Dividend Yield % is ranked worse than 98.89% of 629
companies
in the Transportation industry
Industry Median: 3.12
vs BOM:523598: 0.18
During the past 12 months, The Shipping of India's average Dividends Per Share Growth Rate was 33.30% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -16.30% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of The Shipping of India was 38.70% per year. The lowest was -29.70% per year. And the median was -2.10% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison of The Shipping of India's Forward Dividend Yield %
For the Marine Shipping subindustry, The Shipping of India's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % 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.
The Shipping of India's Forward Dividend Yield % Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, The Shipping of India's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where The Shipping of India's Forward Dividend Yield % falls into.
The Shipping of India Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
The Shipping of India Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
INR 0.440000
2023-09-01
2023-09-02
2023-09-26
Cash Dividend
annually
INR:INR 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
The Shipping of India's Forward Annual Dividend Yield (%) for Today is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
The Shipping of India (BOM:523598) Forward Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
The Shipping of India Forward Dividend Yield % Related Terms
Thank you for viewing the detailed overview of The Shipping of India's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
The Shipping of India (BOM:523598) Business Description
The Shipping Corp of India Ltd is engaged in the sea and coastal freight water transport business. The company's segments include Liner, Bulk, Tanker, Technical and Offshore service, and others. Its Liner segment includes break-bulk, container transport, passenger and research vessels. The Bulk segment consists of dry bulk carriers. The tankers segment that derives the majority revenue comprises of crude and product carriers, gas carriers, and phosphoric acid carriers. The company's Technical and Offshore services segment covers owned offshore vessels and the others segment incorporates income earned from the maritime training institute. Its business operations are confined only to India.
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