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Radiant Cash Management Services (BOM:543732) Dividend Yield % : 2.45% (As of May. 25, 2024)


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What is Radiant Cash Management Services Dividend Yield %?

As of today (2024-05-25), the Trailing Annual Dividend Yield of Radiant Cash Management Services is 2.45%.

The historical rank and industry rank for Radiant Cash Management Services's Dividend Yield % or its related term are showing as below:

BOM:543732' s Dividend Yield % Range Over the Past 10 Years
Min: 0.91   Med: 3.21   Max: 3.94
Current: 2.45

During the past 4 years, the highest Dividend Yield of Radiant Cash Management Services was 3.94%. The lowest was 0.91%. And the median was 3.21%.

BOM:543732's Dividend Yield % is ranked worse than
60.37% of 593 companies
in the Business Services industry
Industry Median: 2.84 vs BOM:543732: 2.45

Radiant Cash Management Services's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

During the past 4 years, the highest Dividend Payout Ratio of Radiant Cash Management Services was 0.62. The lowest was 0.16. And the median was 0.16.

As of today (2024-05-25), the Forward Dividend Yield % of Radiant Cash Management Services is 4.91%.

Radiant Cash Management Services'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.


Radiant Cash Management Services Dividend Yield % Historical Data

The historical data trend for Radiant Cash Management Services'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.

Radiant Cash Management Services Dividend Yield % Chart

Radiant Cash Management Services Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Dividend Yield %
- - - 1.04

Radiant Cash Management Services Quarterly Data
Mar20 Mar21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.04 1.08 3.23 3.37

Competitive Comparison of Radiant Cash Management Services's Dividend Yield %

For the Specialty Business Services subindustry, Radiant Cash Management Services'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.


Radiant Cash Management Services's Dividend Yield % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Radiant Cash Management Services's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Radiant Cash Management Services's Dividend Yield % falls into.



Radiant Cash Management Services Dividend Yield % Calculation

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

Radiant Cash Management Services Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 2.0000002023-09-042023-09-052023-09-19Cash Dividendsemi-annuallyINR: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.

Radiant Cash Management Services's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2/81.52
=2.45 %

Current Share Price is ₹81.52.
Radiant Cash Management Services's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹2.

Radiant Cash Management Services's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=4/81.52
=4.91 %

Current Share Price is ₹81.52.
Radiant Cash Management Services's Dividends per Share for the forward twelve months is calculated as ₹2 * 2 = ₹4.

* 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.


Radiant Cash Management Services  (BOM:543732) 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.


Radiant Cash Management Services Dividend Yield % Related Terms

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Radiant Cash Management Services (BOM:543732) Business Description

Traded in Other Exchanges
Address
No. 4/3 Raju Nagar, First Street, Old Mahabalipuram Road, Radiant Building, Okkiyam Thoraipakkam, OMR, Chennai, TN, IND, 600 009
Radiant Cash Management Services Ltd is an integrated cash logistics player with a presence in retail cash management. The company operates its business across five verticals, namely cash pick-up and delivery; network currency management (also known as cash burial in industry parlance); cash processing; cash vans /cash in transit and other value-added services. Its clients include some of the foreign, private and public sector banks, and the end user of services include some of the e-commerce companies, retail chains, NBFCs, insurance firms, e-commerce logistics players, railways and retail petroleum distribution outlets. The company generates the majority of its revenue from Cash Pick and Delivery services.

Radiant Cash Management Services (BOM:543732) Headlines

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