GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Benares Hotels Ltd (BOM:509438) » Definitions » Forward Dividend Yield %

Benares Hotels (BOM:509438) Forward Dividend Yield % : 0.22% (As of May. 20, 2024)


View and export this data going back to 2001. Start your Free Trial

What is Benares Hotels Forward Dividend Yield %?

As of today (2024-05-20), the Forward Annual Dividend Yield of Benares Hotels is 0.22%.

As of today (2024-05-20), the Trailing Annual Dividend Yield of Benares Hotels is 0.22%.

BOM:509438's Forward Dividend Yield % is ranked worse than
98.86% of 352 companies
in the Travel & Leisure industry
Industry Median: 2.44 vs BOM:509438: 0.22

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

During the past 12 months, Benares Hotels's average Dividends Per Share Growth Rate was 100.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 38.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Benares Hotels was 38.70% per year. The lowest was -20.60% per year. And the median was 5.20% 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 Benares Hotels's Forward Dividend Yield %

For the Lodging subindustry, Benares Hotels'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.


Benares Hotels's Forward Dividend Yield % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Benares Hotels's Forward Dividend Yield % distribution charts can be found below:

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



Benares Hotels Forward Dividend Yield % Calculation

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

Benares Hotels Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 20.0000002023-08-172023-08-182023-09-04Cash 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.

Benares Hotels's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=20/9088.75
=0.22 %

Current Share Price is ₹9088.75.
Benares Hotels's Dividends per Share for the forward twelve months is calculated as ₹20 * 1 = ₹20.

Benares Hotels's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=20/9088.75
=0.22 %

Current Share Price is ₹9088.75.
Benares Hotels's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹20.

* 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.


Benares Hotels  (BOM:509438) 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.

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


Benares Hotels Forward Dividend Yield % Related Terms

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


Benares Hotels (BOM:509438) Business Description

Traded in Other Exchanges
N/A
Address
Sardar Patel Marg, Taj Palace Hotel, New Delhi, IND, 110021
Benares Hotels Ltd operates hotels. The company operates hotels including Taj Ganges Hotel and Taj Nadesar Palace in Varanasi. Taj Nadesar Palace Palace in Varanasi and The Gateway Hotel, Gondia in Maharashtra. The company has only business being of Hoteliering.

Benares Hotels (BOM:509438) Headlines

No Headlines