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Grand Foundry (BOM:513343) Forward Dividend Yield % : 0.00% (As of Jun. 07, 2024)


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What is Grand Foundry Forward Dividend Yield %?

As of today (2024-06-07), the Forward Annual Dividend Yield of Grand Foundry is 0.00%.

As of today (2024-06-07), the Trailing Annual Dividend Yield of Grand Foundry is 0.00%.

BOM:513343's Forward Dividend Yield % is not ranked *
in the Steel industry.
Industry Median: 3.05
* Ranked among companies with meaningful Forward Dividend Yield % only.

Grand Foundry'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.


Competitive Comparison of Grand Foundry's Forward Dividend Yield %

For the Steel subindustry, Grand Foundry's Forward Dividend Yield %, along with its competitors' market caps and Forward 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.


Grand Foundry's Forward Dividend Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Grand Foundry's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Grand Foundry's Forward Dividend Yield % falls into.



Grand Foundry Forward Dividend Yield % Calculation

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


Grand Foundry  (BOM:513343) Forward 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.


Grand Foundry Forward Dividend Yield % Related Terms

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Grand Foundry (BOM:513343) Business Description

Traded in Other Exchanges
Address
Sanjay Appa Chambers, 302, Cabin No.1, Plot No. 82 Behind Charat Singh Colony, Chakala Midc, Andheri East, MH, IND, 400093
Grand Foundry Ltd is engaged in the manufacturing of bright steel bars and wires. The company offers various heat treatment processes and supplies commercial lots of heat-treated bars to specific standards in the international market American, and German standards. Its products are utilized for various applications in the engineering industries, including petrochemical, oil and natural gas, and automotive industries.

Grand Foundry (BOM:513343) Headlines

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