The historical rank and industry rank for Morganite Crucible (India)'s Dividend Yield % or its related term are showing as below:
BOM:523160'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.12 Med: 0.73 Max: 2.91
Current: 2.43
During the past 13 years, the highest Dividend Yield of Morganite Crucible (India) was 2.91%. The lowest was 0.12%. And the median was 0.73%.
BOM:523160's Dividend Yield % is ranked better than 59.61% of 1867
companies
in the Industrial Products industry
Industry Median: 1.77
vs BOM:523160: 2.43
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Morganite Crucible (India) Ltd is 0.88, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Morganite Crucible (India) was 1.92. The lowest was 0.03. And the median was 0.16.
During the past 12 months, Morganite Crucible (India)'s average Dividends Per Share Growth Rate was 85.70% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 51.80% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Morganite Crucible (India) was 171.40% per year. The lowest was 26.00% per year. And the median was 55.25% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Morganite Crucible (India) Dividend Yield % Historical Data
* 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.
Competitive Comparison of Morganite Crucible (India)'s Dividend Yield %
For the Specialty Industrial Machinery subindustry, Morganite Crucible (India)'s Dividend Yield %, along with its competitors' market caps and 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.
Morganite Crucible (India)'s Dividend Yield % Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Morganite Crucible (India)'s Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Morganite Crucible (India)'s Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Morganite Crucible (India) Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
INR 28.000000
2023-11-24
2023-11-24
0000-00-00
Cash Dividend
semi-annually
INR:INR 1.000000
INR 11.000000
2023-08-22
2023-08-23
0000-00-00
Cash Dividend
semi-annually
INR: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.
* 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.
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.
Morganite Crucible (India) Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Morganite Crucible (India)'s Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Morganite Crucible (India) (BOM:523160) Business Description
Morganite Crucible (India) Ltd is engaged in the business of manufacturing and selling high-functioning Crucibles, Foundry consumables, and Allied refractory products. Its product portfolio encompasses a range of crucibles and foundry products which are offered in distinct shapes and sizes. Some of its products are Syncarb Z2e2, Suprex, Nozzle, Blue Lightning Thermocouple Sheaths, Tubes and plunger mix, Salamander and others. The company does its sales via geographical segments that include India, Asia and the Far East, Europe, Africa, the Middle East, North America, and Others. The majority of its revenue is derived from India.
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