As of today (2024-05-14), the Trailing Annual Dividend Yield of JK Lakshmi Cement is 0.76%.
Good Sign:
JK Lakshmi Cement Ltd stock dividend yield is close to 1-year high.
The historical rank and industry rank for JK Lakshmi Cement's Dividend Yield % or its related term are showing as below:
NSE:JKLAKSHMI'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.19 Med: 0.61 Max: 1.76
Current: 0.76
During the past 13 years, the highest Dividend Yield of JK Lakshmi Cement was 1.76%. The lowest was 0.19%. And the median was 0.61%.
NSE:JKLAKSHMI's Dividend Yield % is ranked worse than 86.01% of 243
companies
in the Building Materials industry
Industry Median: 3.24
vs NSE:JKLAKSHMI: 0.76
During the past 12 months, JK Lakshmi Cement's average Dividends Per Share Growth Rate was -25.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 15.40% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of JK Lakshmi Cement was 135.10% per year. The lowest was -53.60% per year. And the median was 15.40% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
JK Lakshmi Cement Dividend Yield % Historical Data
The historical data trend for JK Lakshmi Cement'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.
Competitive Comparison of JK Lakshmi Cement's Dividend Yield %
For the Building Materials subindustry, JK Lakshmi Cement'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.
JK Lakshmi Cement's Dividend Yield % Distribution in the Building Materials Industry
For the Building Materials industry and Basic Materials sector, JK Lakshmi Cement's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where JK Lakshmi Cement's Dividend Yield % falls into.
JK Lakshmi Cement Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
JK Lakshmi Cement Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
INR 2.000000
2024-02-21
2024-02-21
2024-03-04
Cash Dividend
semi-annually
INR:INR 1.000000
INR 3.750000
2023-08-11
2023-08-12
2023-08-30
Cash Dividend
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.
JK Lakshmi Cement's Trailing Annual Dividend Yield (%) for Today 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.
JK Lakshmi Cement (NSE:JKLAKSHMI) 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.
Thank you for viewing the detailed overview of JK Lakshmi Cement's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
JK Lakshmi Cement (NSE:JKLAKSHMI) Business Description
JK Lakshmi Cement Ltd is a building materials holdings company. The company manufacturers multiple types of cement and cement-related products. JK Lakshmi also manufactures Plaster of Paris (POP), autoclavet aerated concrete block, and JK Lakshmi Pro+, the firm's flagship cement product. JK Lakshmi also produces three various types of concrete, including two types of common grey cement, labeled 53 Grade ordinary Portland cement (OPC) and 43 Grade OPC. The third type is Portland Pozzolana Cement (PPC) (Blended), which is created to prevent cracking. The company generates the vast majority of its revenue in India.
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