Rajasthan Tube Manufacturing Co (BOM:530253) Forward Dividend Yield % : 0.00% (As of Jun. 07, 2024)

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What is Rajasthan Tube Manufacturing Co Forward Dividend Yield %?

As of today (2024-06-07), the Forward Annual Dividend Yield of Rajasthan Tube Manufacturing Co is 0.00%.

As of today (2024-06-07), the Trailing Annual Dividend Yield of Rajasthan Tube Manufacturing Co is 0.00%.

BOM:530253's Forward Dividend Yield % is not ranked ^*
in the Steel industry.
Industry Median: 3.05
* Ranked among companies with meaningful Forward Dividend Yield % only.

Rajasthan Tube Manufacturing Co's Dividends per Share for the three months ended in Mar. 2024 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 Rajasthan Tube Manufacturing Co's Forward Dividend Yield %

For the Steel subindustry, Rajasthan Tube Manufacturing Co'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.

Rajasthan Tube Manufacturing Co's Forward Dividend Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Rajasthan Tube Manufacturing Co's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Rajasthan Tube Manufacturing Co's Forward Dividend Yield % falls into.

Rajasthan Tube Manufacturing Co Forward Dividend Yield % Calculation

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

Rajasthan Tube Manufacturing Co (BOM:530253) 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.

Rajasthan Tube Manufacturing Co Forward Dividend Yield % Related Terms

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Rajasthan Tube Manufacturing Co (BOM:530253) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Rajasthan Tube Manufacturing Co Ltd (BOM:530253) » Definitions » Forward Dividend Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Maharkala Road, Jatawali Mod, 28-37, Banke Bihari Industrial Area, Village Dehra, Teh. Chomu, Jaipur, RJ, IND, 303806

Website

https://www.rajtube.com

Rajasthan Tube Manufacturing Co Ltd manufactures and trades in steel tubes, pipes, and sheets in India. It offers Electric Resistance Welding (ERW) steel black pipes, ERW steel galvanized pipes, and hot rolled steel sheets. Its steel black and galvanized steel pipes/tubes are used in various applications, such as water pipelines, water mains, sewerage systems, industrial water lines, crude oil piping, and cross-country pipelines. Its hot rolled steel sheets are used in making tubular products, including hot rolled coils, pipes, LPG cylinders, shuttering plates, and off late in the construction sector; as a component in the making of pressure vessels, in buildings, and hull and steel structures, as well as in boiler usage; and making critical safety parts and automobile suspension.

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