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Andhra Paper (BOM:502330) Forward Dividend Yield % : 2.38% (As of May. 15, 2024)


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What is Andhra Paper Forward Dividend Yield %?

As of today (2024-05-15), the Forward Annual Dividend Yield of Andhra Paper is 2.38%.

As of today (2024-05-15), the Trailing Annual Dividend Yield of Andhra Paper is 2.38%.

BOM:502330's Forward Dividend Yield % is ranked worse than
52.1% of 167 companies
in the Forest Products industry
Industry Median: 2.62 vs BOM:502330: 2.38

Andhra Paper's Dividends per Share for the three months ended in Dec. 2023 was ₹0.00.

During the past 12 months, Andhra Paper's average Dividends Per Share Growth Rate was 66.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Andhra Paper was 4.40% per year. The lowest was -37.00% per year. And the median was -24.45% 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 Andhra Paper's Forward Dividend Yield %

For the Paper & Paper Products subindustry, Andhra Paper'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.


Andhra Paper's Forward Dividend Yield % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Andhra Paper's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Andhra Paper's Forward Dividend Yield % falls into.



Andhra Paper Forward Dividend Yield % Calculation

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

Andhra Paper Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 12.5000002023-08-042023-08-042023-08-14Cash 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.

Andhra Paper's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=12.5/524.80
=2.38 %

Current Share Price is ₹524.80.
Andhra Paper's Dividends per Share for the forward twelve months is calculated as ₹12.5 * 1 = ₹12.5.

Andhra Paper's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=12.5/524.80
=2.38 %

Current Share Price is ₹524.80.
Andhra Paper's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹12.5.

* 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.


Andhra Paper  (BOM:502330) 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.

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Andhra Paper Forward Dividend Yield % Related Terms

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Andhra Paper (BOM:502330) Business Description

Traded in Other Exchanges
Address
No. 31, Chowringee Road, 1st Floor, Kolkata, WB, IND, 700016
Andhra Paper Ltd is an integrated paper and pulp manufacturer in India. The company is engaged in the business of manufacturing pulp, paper, and paperboard. The company produces writing, printing, copier, and industrial papers for Indian and international markets. In addition, the company also provides a range of office documentation and multipurpose papers, from economy to premium grades for both home and commercial use. The company operates in India and makes certain sales to customers situated outside of India.

Andhra Paper (BOM:502330) Headlines

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