As of today (2024-05-04), the Forward Annual Dividend Yield of Shree Cement is 0.39%.
As of today (2024-05-04), the Trailing Annual Dividend Yield of Shree Cement is 0.41%.
BOM:500387's Forward Dividend Yield % is ranked worse than 92.89% of 239
companies
in the Building Materials industry
Industry Median: 3.3
vs BOM:500387: 0.39
During the past 12 months, Shree Cement's average Dividends Per Share Growth Rate was 11.10% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -14.70% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Shree Cement was 108.50% per year. The lowest was -14.70% per year. And the median was 20.20% 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 Shree Cement's Forward Dividend Yield %
For the Building Materials subindustry, Shree Cement'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.
Shree Cement's Forward Dividend Yield % Distribution in the Building Materials Industry
For the Building Materials industry and Basic Materials sector, Shree Cement's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Shree Cement's Forward Dividend Yield % falls into.
Shree Cement Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Shree Cement Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
INR 50.000000
2024-02-08
2024-02-08
2024-02-21
Cash Dividend
semi-annually
INR:INR 1.000000
INR 55.000000
2023-06-01
2023-06-01
2023-06-13
Cash Dividend
semi-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.
Shree Cement's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
100
/
25746.15
=
0.39 %
Current Share Price is ₹25746.15. Shree Cement's Dividends per Share for the forward twelve months is calculated as ₹50 * 2 = ₹100.
Shree Cement's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
105
/
25746.15
=
0.41 %
Current Share Price is ₹25746.15. Shree Cement's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹105.
* 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.
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.
Shree Cement Forward Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Shree Cement's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Shree Cement Ltd manufactures and sells cement and cement-related products to the building and construction industries. It derives revenue from Cement, Clinker and Power sales, of which Cement products contribute majorly to the revenue. The Cement products are offered under the brands Shree Jung Rodhak and Bangur, among others. Nearly all of the firm's revenue comes from India.
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