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Vedavaag Systems (BOM:533056) Dividend Yield % : 1.23% (As of May. 23, 2024)


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What is Vedavaag Systems Dividend Yield %?

As of today (2024-05-23), the Trailing Annual Dividend Yield of Vedavaag Systems is 1.23%.

The historical rank and industry rank for Vedavaag Systems's Dividend Yield % or its related term are showing as below:

BOM:533056' s Dividend Yield % Range Over the Past 10 Years
Min: 0.71   Med: 1.61   Max: 6.67
Current: 1.23

During the past 13 years, the highest Dividend Yield of Vedavaag Systems was 6.67%. The lowest was 0.71%. And the median was 1.61%.

BOM:533056's Dividend Yield % is ranked worse than
62.09% of 939 companies
in the Software industry
Industry Median: 1.68 vs BOM:533056: 1.23

Vedavaag Systems'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 Vedavaag Systems was 0.37. The lowest was 0.09. And the median was 0.17.

As of today (2024-05-23), the Forward Dividend Yield % of Vedavaag Systems is 1.23%.

Vedavaag Systems's Dividends per Share for the three months ended in Dec. 2023 was ₹0.00.

During the past 3 years, the average Dividends Per Share Growth Rate was -15.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -11.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Vedavaag Systems was -15.70% per year. The lowest was -17.80% per year. And the median was -15.70% per year.

The growth rate is calculated with least square regression.

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


Vedavaag Systems Dividend Yield % Historical Data

The historical data trend for Vedavaag Systems'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.

Vedavaag Systems Dividend Yield % Chart

Vedavaag Systems 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 3.41 6.35 1.83 1.04 1.60

Vedavaag Systems 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 1.17 1.60 1.29 1.22 1.14

Competitive Comparison of Vedavaag Systems's Dividend Yield %

For the Information Technology Services subindustry, Vedavaag Systems'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.


Vedavaag Systems's Dividend Yield % Distribution in the Software Industry

For the Software industry and Technology sector, Vedavaag Systems's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Vedavaag Systems's Dividend Yield % falls into.



Vedavaag Systems Dividend Yield % Calculation

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

Vedavaag Systems Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 0.6000002023-09-222023-09-250000-00-00Cash 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.

Vedavaag Systems's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.6/48.75
=1.23 %

Current Share Price is ₹48.75.
Vedavaag Systems's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹0.6.

Vedavaag Systems's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=/48.75
=0.00 %

Current Share Price is ₹48.75.
Vedavaag Systems'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.


Vedavaag Systems  (BOM:533056) 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.


Vedavaag Systems Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Vedavaag Systems's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Vedavaag Systems (BOM:533056) Business Description

Traded in Other Exchanges
N/A
Address
1-90-8/13, B Block, 103, West Block, Sirisai Orchid, 1st Floor, Hitech City, Madhapur, Hyderabad, TG, IND, 500081
Vedavaag Systems Ltd is an India based company engaged in providing information technology sales and services. The company is focusing on three key areas - E-Governance and Citizen Services, Banking, Finance and Insurance Services, and Infra services for Telecom. The company's business verticals include E-Governance Solutions Financial Inclusion System Integrator, Rural Healthcare, and Rural Retail.

Vedavaag Systems (BOM:533056) Headlines

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