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Reliance Industries (NSE:RELIANCE) 3-Year Dividend Growth Rate : 11.50% (As of Mar. 2024)


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What is Reliance Industries 3-Year Dividend Growth Rate?

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

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

NSE:RELIANCE' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -16.3   Med: 7.2   Max: 34.1
Current: 11.5

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Reliance Industries was 34.10% per year. The lowest was -16.30% per year. And the median was 7.20% per year.

NSE:RELIANCE's 3-Year Dividend Growth Rate is ranked worse than
53.25% of 308 companies
in the Oil & Gas industry
Industry Median: 14.5 vs NSE:RELIANCE: 11.50

During the past 12 months, Reliance Industries's average Dividends Per Share Growth Rate was 12.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 11.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.30% 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.

Reliance Industries's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Reliance Industries's Dividend Yield % is 0.31%.

Warning Sign:

Reliance Industries Ltd stock dividend yield is close to 1-year low.

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


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

For the Oil & Gas Refining & Marketing subindustry, Reliance 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.


Reliance Industries's 3-Year Dividend Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Reliance Industries's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Reliance 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.


Reliance Industries  (NSE:RELIANCE) 3-Year Dividend Growth Rate Explanation

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

Reliance Industries's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0/ 28
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Reliance Industries was 0.25. The lowest was 0.08. And the median was 0.09.

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

Reliance Industries Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 9.0000002023-08-212023-08-212023-08-28Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=9/2868.00
=0.31 %

Current Share Price is ₹2868.00.
Reliance Industries's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹9.

During the past 13 years, the highest Dividend Yield of Reliance Industries was 3.54%. The lowest was 0.27%. And the median was 0.62%.

Warning Sign:

Reliance Industries Ltd stock dividend yield is close to 1-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.


Reliance Industries 3-Year Dividend Growth Rate Related Terms>


Reliance Industries (NSE:RELIANCE) Business Description

Traded in Other Exchanges
Address
222, Nariman Point, 3rd Floor, Maker Chambers IV, Mumbai, MH, IND, 400021
Reliance Industries Ltd is engaged in hydrocarbon exploration and production, refining and marketing, petrochemicals, financial services, retail, and communications. The Group has five principal operating and reporting segments: Oil To Chemicals (O2C), Oil and Gas, Retail, Digital Services and Financial Services. Located in west India, Reliance's refineries produce a range of petroleum products that find use as fuel variants, feedstock, and fuel for power and cement plants. Fuels produced in refineries are exported to several countries and can be processed into any grade of gasoline or diesel. The Oil to Chemicals segment that derives the majority revenue includes Refining, Petrochemicals, fuel retailing through Reliance BP Mobility Limited, aviation fuel, and bulk wholesale marketing.

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