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Creative Castings (BOM:539527) Dividend Yield % : 1.25% (As of May. 31, 2024)


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What is Creative Castings Dividend Yield %?

As of today (2024-05-31), the Trailing Annual Dividend Yield of Creative Castings is 1.25%.

The historical rank and industry rank for Creative Castings's Dividend Yield % or its related term are showing as below:

BOM:539527' s Dividend Yield % Range Over the Past 10 Years
Min: 0.94   Med: 2.76   Max: 23.55
Current: 1.25

During the past 10 years, the highest Dividend Yield of Creative Castings was 23.55%. The lowest was 0.94%. And the median was 2.76%.

BOM:539527's Dividend Yield % is ranked worse than
75.07% of 353 companies
in the Steel industry
Industry Median: 2.81 vs BOM:539527: 1.25

Creative Castings's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

During the past 10 years, the highest Dividend Payout Ratio of Creative Castings was 0.64. The lowest was 0.26. And the median was 0.43.

As of today (2024-05-31), the Forward Dividend Yield % of Creative Castings is 1.25%.

Creative Castings's Dividends per Share for the three months ended in Mar. 2024 was ₹0.00.

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Creative Castings was -8.40% per year. The lowest was -8.40% per year. And the median was -8.40% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Creative Castings Dividend Yield % Historical Data

The historical data trend for Creative Castings's Dividend Yield % can be seen below:

* 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.

* Premium members only.

Creative Castings Dividend Yield % Chart

Creative Castings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.70 2.82 2.62 2.22 1.48

Creative Castings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.22 1.84 1.19 1.25 1.48

Competitive Comparison of Creative Castings's Dividend Yield %

For the Steel subindustry, Creative Castings's Dividend Yield %, along with its competitors' market caps and 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.


Creative Castings's Dividend Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Creative Castings's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Creative Castings's Dividend Yield % falls into.



Creative Castings Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Creative Castings Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 10.0000002023-09-152023-09-162023-10-10Cash DividendannuallyINR: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.

Creative Castings's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=10/799.90
=1.25 %

Current Share Price is ₹799.90.
Creative Castings's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹10.

Creative Castings's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=10/799.90
=1.25 %

Current Share Price is ₹799.90.
Creative Castings's Dividends per Share for the forward twelve months is calculated as ₹10 * 1 = ₹10.

* 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.


Creative Castings  (BOM:539527) 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Creative Castings Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Creative Castings's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Creative Castings (BOM:539527) Business Description

Traded in Other Exchanges
N/A
Address
Rajkot Road, 102, GIDC Estates, Phase - II, Dolatpara, Junagadh, GJ, IND, 362003
Creative Castings Ltd is engaged in manufacturing and exporting steel and alloy steel investment casting. The company manufactures both ferrous and non-ferrous castings. It is also engaged in generating power from wind energy. The company's operating segment includes Investment Castings and Power. It derives maximum revenue from the Investment Castings segment. Geographically, it generates a majority of revenue from Overseas. The company serves pumps and valve industries, oil and refineries, general engineering, electrical engineering, fire control equipment, medical implants, agricultural machinery, defense industries, etc.

Creative Castings (BOM:539527) Headlines

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