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Dynamic Cables (BOM:540795) Forward Dividend Yield % : 0.09% (As of Jun. 09, 2024)


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What is Dynamic Cables Forward Dividend Yield %?

As of today (2024-06-09), the Forward Annual Dividend Yield of Dynamic Cables is 0.09%.

As of today (2024-06-09), the Trailing Annual Dividend Yield of Dynamic Cables is 0.09%.

BOM:540795's Forward Dividend Yield % is ranked worse than
98.69% of 1838 companies
in the Industrial Products industry
Industry Median: 1.99 vs BOM:540795: 0.09

Dynamic Cables's Dividends per Share for the three months ended in Mar. 2024 was ₹0.00.

During the past 3 years, the average Dividends Per Share Growth Rate was 26.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 17.20% per year.

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Dynamic Cables was 26.00% per year. The lowest was 26.00% per year. And the median was 26.00% 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 Dynamic Cables's Forward Dividend Yield %

For the Electrical Equipment & Parts subindustry, Dynamic Cables'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.


Dynamic Cables's Forward Dividend Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dynamic Cables's Forward Dividend Yield % distribution charts can be found below:

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



Dynamic Cables Forward Dividend Yield % Calculation

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

Dynamic Cables Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 0.5000002023-08-022023-08-030000-00-00Cash 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.

Dynamic Cables's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=/575.95
=0.00 %

Current Share Price is ₹575.95.
Dynamic Cables's Dividends per Share for the forward twelve months is calculated as * = .

Dynamic Cables's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.5/575.95
=0.09 %

Current Share Price is ₹575.95.
Dynamic Cables's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹0.5.

* 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.


Dynamic Cables  (BOM:540795) 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.


Dynamic Cables Forward Dividend Yield % Related Terms

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Dynamic Cables (BOM:540795) Business Description

Traded in Other Exchanges
Address
Road Number 13, Unit - 1, F-260, V.K.I Area, Jaipur, RJ, IND, 302013
Dynamic Cables Ltd is engaged in manufacturing of Cables and Conductors which include manufacturing of Low Voltage and High Voltage Power Cables, Aerial Bunched Cables, All Aluminium Conductor All Aluminium Alloy Conductor, Aluminium conductor steel reinforced, Conductors and Service Drop Cables used for transmission and distribution of Electricity. It generates its revenue from manufacturing and sale of cables and conductors.

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