Kordsa Teknik Tekstil AS (IST:KORDS) Forward Dividend Yield % : 0.00% (As of May. 26, 2024)

View and export this data going back to 1986. Start your Free Trial

What is Kordsa Teknik Tekstil AS Forward Dividend Yield %?

As of today (2024-05-26), the Forward Annual Dividend Yield of Kordsa Teknik Tekstil AS is 0.00%.

As of today (2024-05-26), the Trailing Annual Dividend Yield of Kordsa Teknik Tekstil AS is 0.00%.

IST:KORDS's Forward Dividend Yield % is not ranked ^*
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 2.68
* Ranked among companies with meaningful Forward Dividend Yield % only.

Kordsa Teknik Tekstil AS's Dividends per Share for the three months ended in Dec. 2023 was ₺0.00.

During the past 12 months, Kordsa Teknik Tekstil AS's average Dividends Per Share Growth Rate was -64.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Kordsa Teknik Tekstil AS was 32.90% per year. The lowest was -25.00% per year. And the median was 3.90% 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 Kordsa Teknik Tekstil AS's Forward Dividend Yield %

For the Textile Manufacturing subindustry, Kordsa Teknik Tekstil AS'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.

Kordsa Teknik Tekstil AS's Forward Dividend Yield % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kordsa Teknik Tekstil AS's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Kordsa Teknik Tekstil AS's Forward Dividend Yield % falls into.

Kordsa Teknik Tekstil AS Forward Dividend Yield % Calculation

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

Kordsa Teknik Tekstil AS (IST:KORDS) 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.

Kordsa Teknik Tekstil AS Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Kordsa Teknik Tekstil AS's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.

Kordsa Teknik Tekstil AS (IST:KORDS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Kordsa Teknik Tekstil AS (IST:KORDS) » Definitions » Forward Dividend Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Alikahya Fatih Mahallesi Sanayici Caddesi No. 90, Izmit, Kocaeli, TUR, 41310

Website

https://www.kordsa.com

Kordsa Teknik Tekstil AS is a Turkey-based company tire reinforcement company, engaged in the manufacturing of nylon and polyester yarn, cord fabric and single-end cord products. It benefits the tire reinforcement and mechanical rubber market. The company offers carcass and industrial fabrics that are used in the structure of vehicle tires, and rubber and plastic materials, such as transmission belts, V belts, rubber hoses etc. Business is functioned through North America, South America, Asia, Europe, the Middle East, and Africa of which it derives a majority of revenue from North America.

Kordsa Teknik Tekstil AS (IST:KORDS) Headlines

No Headlines