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Lotus Eye Hospital & Institute (BOM:532998) Dividend Yield % : 0.81% (As of May. 18, 2024)


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What is Lotus Eye Hospital & Institute Dividend Yield %?

As of today (2024-05-18), the Trailing Annual Dividend Yield of Lotus Eye Hospital & Institute is 0.81%.

Good Sign:

Lotus Eye Hospital & Institute Ltd stock dividend yield is close to 1-year high.

The historical rank and industry rank for Lotus Eye Hospital & Institute's Dividend Yield % or its related term are showing as below:

BOM:532998' s Dividend Yield % Range Over the Past 10 Years
Min: 0.5   Med: 0.98   Max: 2.94
Current: 0.81

During the past 13 years, the highest Dividend Yield of Lotus Eye Hospital & Institute was 2.94%. The lowest was 0.50%. And the median was 0.98%.

BOM:532998's Dividend Yield % is ranked worse than
78.63% of 262 companies
in the Healthcare Providers & Services industry
Industry Median: 1.92 vs BOM:532998: 0.81

Lotus Eye Hospital & Institute's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Lotus Eye Hospital & Institute was 1.17. The lowest was 0.26. And the median was 0.43.

As of today (2024-05-18), the Forward Dividend Yield % of Lotus Eye Hospital & Institute is 0.81%.

Lotus Eye Hospital & Institute's Dividends per Share for the three months ended in Dec. 2023 was ₹0.00.

The growth rate is calculated with least square regression.

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


Lotus Eye Hospital & Institute Dividend Yield % Historical Data

The historical data trend for Lotus Eye Hospital & Institute's Dividend Yield % 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.

Lotus Eye Hospital & Institute Dividend Yield % Chart

Lotus Eye Hospital & Institute Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.26 - - 0.94 0.86

Lotus Eye Hospital & Institute Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % 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 0.64 0.86 0.62 0.60 0.60

Competitive Comparison of Lotus Eye Hospital & Institute's Dividend Yield %

For the Medical Care Facilities subindustry, Lotus Eye Hospital & Institute'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.


Lotus Eye Hospital & Institute's Dividend Yield % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Lotus Eye Hospital & Institute's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Lotus Eye Hospital & Institute's Dividend Yield % falls into.



Lotus Eye Hospital & Institute Dividend Yield % Calculation

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

Lotus Eye Hospital & Institute Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 0.5000002023-09-182023-09-190000-00-00Cash 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.

Lotus Eye Hospital & Institute's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.5/61.50
=0.81 %

Current Share Price is ₹61.50.
Lotus Eye Hospital & Institute's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹0.5.

Lotus Eye Hospital & Institute's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=/61.50
=0.00 %

Current Share Price is ₹61.50.
Lotus Eye Hospital & Institute's Dividends per Share for the forward twelve months is calculated as * = .

* 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.


Lotus Eye Hospital & Institute  (BOM:532998) Dividend Yield % Explanation

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Lotus Eye Hospital & Institute Dividend Yield % Related Terms

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Lotus Eye Hospital & Institute (BOM:532998) Business Description

Traded in Other Exchanges
Address
SF No. 770/12, Avinashi Road, Civil Aerodrome Post, Coimbatore, TN, IND, 641 014
Lotus Eye Hospital & Institute Ltd is an India-based eye care hospital. It is engaged in providing treatment and care for eye diseases and disorders. It offers treatment services for eye conditions like refractive error, retina and uvea, cornea, glaucoma, pediatric, orbit and oculoplasty, neuro-ophthalmology, and binocular vision. In addition, the company also operates an eye bank for functioning eye donation activities. The company mainly operates in India and generates revenue by providing medical services, pharmacy sales, and contact lens, and optical, of which the majority of the revenue is derived from providing segmmedical services.

Lotus Eye Hospital & Institute (BOM:532998) Headlines

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