GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ester Industries Ltd (NSE:ESTER) » Definitions » Forward Dividend Yield %

Ester Industries (NSE:ESTER) Forward Dividend Yield % : 0.41% (As of May. 17, 2024)


View and export this data going back to 2011. Start your Free Trial

What is Ester Industries Forward Dividend Yield %?

As of today (2024-05-17), the Forward Annual Dividend Yield of Ester Industries is 0.41%.

As of today (2024-05-17), the Trailing Annual Dividend Yield of Ester Industries is 0.41%.

NSE:ESTER's Forward Dividend Yield % is ranked worse than
89.92% of 1022 companies
in the Chemicals industry
Industry Median: 1.965 vs NSE:ESTER: 0.41

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

During the past 12 months, Ester Industries's average Dividends Per Share Growth Rate was -73.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 56.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ester Industries was 58.70% per year. The lowest was -37.00% per year. And the median was 56.00% 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 Ester Industries's Forward Dividend Yield %

For the Specialty Chemicals subindustry, Ester Industries'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.


Ester Industries's Forward Dividend Yield % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ester Industries's Forward Dividend Yield % distribution charts can be found below:

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



Ester Industries Forward Dividend Yield % Calculation

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

Ester Industries Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 0.5000002023-09-202023-09-212023-10-12Cash 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.

Ester Industries's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.5/123.15
=0.41 %

Current Share Price is ₹123.15.
Ester Industries's Dividends per Share for the forward twelve months is calculated as ₹0.5 * 1 = ₹0.5.

Ester Industries's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.5/123.15
=0.41 %

Current Share Price is ₹123.15.
Ester Industries's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹0.5.

* 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.


Ester Industries  (NSE:ESTER) 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.


Ester Industries Forward Dividend Yield % Related Terms

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


Ester Industries (NSE:ESTER) Business Description

Traded in Other Exchanges
Address
Plot No. 11, Block-A, Infocity-I, Sector 34, Gurgaon, HR, IND, 122001
Ester Industries Ltd is engaged in the manufacturing of polyester films, specialty polymers, and engineering plastic compounds. It operates through three segments; Polyester chips and film; Speciality Polymers and Engineering Plastics. The company generates maximum revenue from the Polyester chips and film segment. The Polyester chips and film segment is used in primarily flexible packaging and other industrial applications. It serves food packaging; beverage packaging; home and personal care; industrial packaging; construction; automotive; electrical and electronics, carpet, and other industries. Geographically, it derives a majority of its revenue from India.

Ester Industries (NSE:ESTER) Headlines

No Headlines