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Stovec Industries (BOM:504959) Dividend Payout Ratio : 0.00 (As of Dec. 2023)


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What is Stovec Industries Dividend Payout Ratio?

Stovec Industries's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

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.

The historical rank and industry rank for Stovec Industries's Dividend Payout Ratio or its related term are showing as below:

BOM:504959' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.27   Max: 1.1
Current: 1.1


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.

BOM:504959's Dividend Payout Ratio is ranked worse than
91.71% of 1664 companies
in the Industrial Products industry
Industry Median: 0.33 vs BOM:504959: 1.10

As of today (2024-05-11), the Dividend Yield % of Stovec Industries is 0.65%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Stovec Industries was 3.92%. The lowest was 0.64%. And the median was 1.80%.

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

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.

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.

The growth rate is calculated with least square regression.

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


Stovec Industries Dividend Payout Ratio Historical Data

The historical data trend for Stovec Industries's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Stovec Industries Dividend Payout Ratio Chart

Stovec Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.93 0.16 0.63 1.10

Stovec Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 4.87 - -

Competitive Comparison of Stovec Industries's Dividend Payout Ratio

For the Specialty Industrial Machinery subindustry, Stovec Industries's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Stovec Industries's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Stovec Industries's Dividend Payout Ratio falls into.



Stovec Industries Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

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

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=47/ 42.78
=1.10

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

* 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 (BOM:504959) Dividend Payout Ratio Explanation

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.


Stovec Industries Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Stovec Industries's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


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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