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General Insurance of India (BOM:540755) Forward Dividend Yield % : 2.24% (As of May. 12, 2024)


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What is General Insurance of India Forward Dividend Yield %?

As of today (2024-05-12), the Forward Annual Dividend Yield of General Insurance of India is 2.24%.

As of today (2024-05-12), the Trailing Annual Dividend Yield of General Insurance of India is 2.24%.

BOM:540755's Forward Dividend Yield % is ranked worse than
75.45% of 387 companies
in the Insurance industry
Industry Median: 3.77 vs BOM:540755: 2.24

General Insurance of India's Dividends per Share for the three months ended in Dec. 2023 was ₹0.00.

During the past 12 months, General Insurance of India's average Dividends Per Share Growth Rate was 220.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -30.70% per year.

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of General Insurance of India was -30.70% per year. The lowest was -30.70% per year. And the median was -30.70% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison of General Insurance of India's Forward Dividend Yield %

For the Insurance - Reinsurance subindustry, General Insurance of India'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.


General Insurance of India's Forward Dividend Yield % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, General Insurance of India's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where General Insurance of India's Forward Dividend Yield % falls into.



General Insurance of India Forward Dividend Yield % Calculation

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

General Insurance of India Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 7.2000002023-09-082023-09-082023-10-03Cash 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.

General Insurance of India's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=7.2/320.90
=2.24 %

Current Share Price is ₹320.90.
General Insurance of India's Dividends per Share for the forward twelve months is calculated as ₹7.2 * 1 = ₹7.2.

General Insurance of India's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=7.2/320.90
=2.24 %

Current Share Price is ₹320.90.
General Insurance of India's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹7.2.

* 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.


General Insurance of India  (BOM:540755) 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.


General Insurance of India Forward Dividend Yield % Related Terms

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General Insurance of India (BOM:540755) Business Description

Traded in Other Exchanges
Address
170, Jamshedji Tata Road, Suraksha, Churchgate, Mumbai, MH, IND, 400 020
General Insurance Corporation of India is a reinsurance company. It provides reinsurance for business lines including fire (property), marine, motor, engineering, agriculture, aviation/space, health, liability, credit, and financial and life insurance. Geographically, the business activities of the groups are carried out through the region of India.

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