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Stovec Industries (BOM:504959) 3-Year Dividend Growth Rate : -7.80% (As of Dec. 2023)


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What is Stovec Industries 3-Year Dividend Growth Rate?

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

The historical rank and industry rank for Stovec Industries's 3-Year Dividend Growth Rate or its related term are showing as below:

BOM:504959' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -30   Med: 13.3   Max: 47.6
Current: -7.8

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Stovec Industries was 47.60% per year. The lowest was -30.00% per year. And the median was 13.30% per year.

BOM:504959's 3-Year Dividend Growth Rate is ranked worse than
80.38% of 1116 companies
in the Industrial Products industry
Industry Median: 11.6 vs BOM:504959: -7.80

During the past 12 months, Stovec Industries's average Dividends Per Share Growth Rate was -17.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -7.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 15.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Stovec Industries's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00. As of today, Stovec Industries's Dividend Yield % is 0.59%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Stovec Industries Ltd is 1.10, which seems too high.

Warning Sign:

Stovec Industries Ltd stock dividend yield is close to 10-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Stovec Industries's 3-Year Dividend Growth Rate

For the Specialty Industrial Machinery subindustry, Stovec Industries's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


Stovec Industries's 3-Year Dividend Growth Rate Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Stovec Industries's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Stovec Industries's 3-Year Dividend Growth Rate falls into.



Stovec Industries 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Stovec Industries  (BOM:504959) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Stovec Industries's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0/ 18.671
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Stovec Industries was 1.10. The lowest was 0.15. And the median was 0.27.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Stovec Industries Ltd is 1.10, which seems too high.

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

Stovec Industries Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 17.0000002024-04-182024-04-190000-00-00Cash 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.

Stovec Industries's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=17/2866.80
=0.59 %

Current Share Price is ₹2866.80.
Stovec Industries's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹17.

During the past 13 years, the highest Dividend Yield of Stovec Industries was 3.92%. The lowest was 0.59%. And the median was 1.80%.

Warning Sign:

Stovec Industries Ltd stock dividend yield is close to 10-year low.

* 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.


Stovec Industries 3-Year Dividend Growth Rate Related Terms>


Stovec Industries (BOM:504959) Business Description

Traded in Other Exchanges
N/A
Address
N.I.D.C., Near Lambha Village, Post Narol, Ahmedabad, GJ, IND, 382 405
Stovec Industries Ltd is engaged in the production of Rotary Screens and Printing Machines and manufacturer of precision metal components. The firm operates in three verticals namely Textile Consumables and Textile Machinery, Graphics Product, and Galvanic. The textile consumables segment comprises perforated rotary screens, lacquer and auxiliary chemicals, rotary screen-printing machines, engraving equipment, components and spares, and digital ink. Graphics Products include anilox rollers, rotamesh screens, and rotaplate. The Galvanic segment consists of Galvano consumables. The Textile consumables segment is the most prominent segment for the firm contributing the majority of the total revenue primarily from India.

Stovec Industries (BOM:504959) Headlines

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