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National Aluminium Co (NSE:NATIONALUM) Forward Dividend Yield % : 1.58% (As of May. 15, 2024)


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What is National Aluminium Co Forward Dividend Yield %?

As of today (2024-05-15), the Forward Annual Dividend Yield of National Aluminium Co is 1.58%.

As of today (2024-05-15), the Trailing Annual Dividend Yield of National Aluminium Co is 1.58%.

NSE:NATIONALUM's Forward Dividend Yield % is ranked worse than
61.82% of 296 companies
in the Metals & Mining industry
Industry Median: 2.34 vs NSE:NATIONALUM: 1.58

National Aluminium Co's Dividends per Share for the three months ended in Dec. 2023 was ₹1.00.

During the past 12 months, National Aluminium Co's average Dividends Per Share Growth Rate was 22.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -3.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -8.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 12.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of National Aluminium Co was 46.50% per year. The lowest was -27.90% per year. And the median was 5.30% 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 National Aluminium Co's Forward Dividend Yield %

For the Aluminum subindustry, National Aluminium Co'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.


National Aluminium Co's Forward Dividend Yield % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, National Aluminium Co's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where National Aluminium Co's Forward Dividend Yield % falls into.



National Aluminium Co Forward Dividend Yield % Calculation

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

National Aluminium Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 2.0000002024-02-232024-02-232024-03-12Cash Dividendsemi-annuallyINR:INR 1.000000
INR 1.0000002023-11-222023-11-222023-12-07Cash Dividendsemi-annuallyINR:INR 1.000000
INR 1.0000002023-09-152023-09-160000-00-00Cash Dividendsemi-annuallyINR: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.

National Aluminium Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=4/189.85
=2.11 %

Current Share Price is ₹189.85.
National Aluminium Co's Dividends per Share for the forward twelve months is calculated as ₹2 * 2 = ₹4.

National Aluminium Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=4/189.85
=2.11 %

Current Share Price is ₹189.85.
National Aluminium Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹4.

* 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.


National Aluminium Co  (NSE:NATIONALUM) 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.


National Aluminium Co Forward Dividend Yield % Related Terms

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National Aluminium Co (NSE:NATIONALUM) Business Description

Traded in Other Exchanges
Address
Nalco Bhawan, Plot No. P/1, Nayapalli, Bhubaneswar, OR, IND, 751013
National Aluminium Co Ltd mines, produces and sells aluminum and alumina-based products in two segments: aluminium and chemicals. The company controls all stages of the aluminum process. The firm mines bauxite and refines it into alumina, then smelts most of the alumina into aluminum. The aluminum segment, which generates the majority of revenue, sells aluminum-based products. The chemicals segment sells calcinated alumina and alumina hydrate. The firm also owns and operates multiple power plants throughout India. The majority of National Aluminum's revenue comes from India.

National Aluminium Co (NSE:NATIONALUM) Headlines

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