What is Bimetal Bearings Forward Dividend Yield %?
As of today (2024-05-23), the Forward Annual Dividend Yield of Bimetal Bearings is 1.85%.
As of today (2024-05-23), the Trailing Annual Dividend Yield of Bimetal Bearings is 1.85%.
BOM:505681's Forward Dividend Yield % is ranked worse than 60.75% of 805
companies
in the Vehicles & Parts industry
Industry Median: 2.45
vs BOM:505681: 1.85
During the past 12 months, Bimetal Bearings's average Dividends Per Share Growth Rate was 56.30% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -7.20% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -1.10% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was -1.20% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Bimetal Bearings was 47.40% per year. The lowest was -12.00% per year. And the median was 0.00% 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 Bimetal Bearings's Forward Dividend Yield %
For the Auto Parts subindustry, Bimetal Bearings'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.
Bimetal Bearings's Forward Dividend Yield % Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Bimetal Bearings's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Bimetal Bearings's Forward Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Bimetal Bearings Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
INR 12.500000
2023-07-14
2023-07-15
2023-08-16
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.
Bimetal Bearings'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.
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.
Bimetal Bearings Forward Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Bimetal Bearings's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Bimetal Bearings (BOM:505681) Business Description
Bimetal Bearings Ltd is engaged in manufacturing of Engine Bearings, Bushings, Thrust Washers, Alloy Powder and Bimetallic Strips. The company has manufacturing plants in Coimbatore, Hosur, Chennai (Sembiam and Thoraipakkam) in India. It has only one segment. Bimetal Bearings manufactures a range of Engine Bearings, Bushings, Thrust Washers, Alloy Powder and Bimetallic Strips. The company's traded products include thin-walled bearings and bushings (main and conrod). Its engine bearings include plated and non-plated bearings in copper and aluminum-based alloys (leaded and lead-free); connecting rod bearings; main bearings, and roll formed flange bearings.
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