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Aartech Solonics (BOM:542580) Dividend Payout Ratio : 0.58 (As of Sep. 2023)


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What is Aartech Solonics Dividend Payout Ratio?

Aartech Solonics's dividend payout ratio for the months ended in Sep. 2023 was 0.58.

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

BOM:542580' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.39   Max: 0.77
Current: 0.2


During the past 9 years, the highest Dividend Payout Ratio of Aartech Solonics was 0.77. The lowest was 0.20. And the median was 0.39.

BOM:542580's Dividend Payout Ratio is ranked better than
72.18% of 1664 companies
in the Industrial Products industry
Industry Median: 0.33 vs BOM:542580: 0.20

As of today (2024-05-23), the Dividend Yield % of Aartech Solonics is 0.22%.

During the past 9 years, the highest Trailing Annual Dividend Yield of Aartech Solonics was 1.84%. The lowest was 0.19%. And the median was 0.72%.

Aartech Solonics's Dividends per Share for the months ended in Sep. 2023 was ₹0.50.

The growth rate is calculated with least square regression.

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


Aartech Solonics Dividend Payout Ratio Historical Data

The historical data trend for Aartech Solonics'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.

Aartech Solonics Dividend Payout Ratio Chart

Aartech Solonics Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar20 Mar21 Mar22 Mar23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only - - 0.77 0.21 0.39

Aartech Solonics Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - - - - 0.58

Competitive Comparison of Aartech Solonics's Dividend Payout Ratio

For the Electrical Equipment & Parts subindustry, Aartech Solonics'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.


Aartech Solonics's Dividend Payout Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where Aartech Solonics's Dividend Payout Ratio falls into.



Aartech Solonics Dividend Payout Ratio Calculation

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

Aartech Solonics's Dividend Payout Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2023 )/ EPS without NRI (A: Mar. 2023 )
=0.5/ 1.292
=0.39

Aartech Solonics's Dividend Payout Ratio for the quarter that ended in Sep. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2023 )/ EPS without NRI (Q: Sep. 2023 )
=0.5/ 0.87
=0.57

* 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.


Aartech Solonics (BOM:542580) 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.


Aartech Solonics Dividend Payout Ratio Related Terms

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


Aartech Solonics (BOM:542580) Business Description

Traded in Other Exchanges
Address
E-2/57, Ashirvad, Arera Colony, Bhopal, MP, IND, 462016
Aartech Solonics Ltd is a system solution-oriented research and development enterprise in the field of specialized and selected energy appliances. The company is involved in the manufacturing of electricity distribution and control apparatus such as switches, fuses, voltage limiters, surge suppressors, junction boxes and others for a voltage exceeding 1000 volts; similar apparatus including relays, sockets and others for a voltage not exceeding 1000 volts; boards, panels, consoles, cabinets and other bases equipped with two or more of the above apparatus for electricity control or distribution of electricity including power capacitors. It serves Renewable Energy; Power; Heavy Engineering; Defense and Exploration; Helth Care; Information Technology and Telecom; and other industries.

Aartech Solonics (BOM:542580) Headlines

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