Jindal Stainless (BOM:532508) Dividend Payout Ratio : 0.00 (As of Mar. 2024)

View and export this data going back to 2003. Start your Free Trial

What is Jindal Stainless Dividend Payout Ratio?

Jindal Stainless's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for Jindal Stainless's Dividend Payout Ratio or its related term are showing as below:

BOM:532508' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.08 Med: 0.08 Max: 0.08
Current: 0.08

During the past 13 years, the highest Dividend Payout Ratio of Jindal Stainless was 0.08. The lowest was 0.08. And the median was 0.08.

BOM:532508's Dividend Payout Ratio is ranked better than
89.46% of 313 companies
in the Steel industry
Industry Median: 0.29 vs BOM:532508: 0.08

As of today (2024-05-22), the Dividend Yield % of Jindal Stainless is 0.36%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Jindal Stainless was 0.46%. The lowest was 0.26%. And the median was 0.36%.

Jindal Stainless's Dividends per Share for the 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.

Jindal Stainless Dividend Payout Ratio Historical Data

The historical data trend for Jindal Stainless's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Jindal Stainless Dividend Payout Ratio Chart

Jindal Stainless Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

Get a 7-Day Free Trial

0.08

Jindal Stainless Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	0.18	0.12	-

Competitive Comparison of Jindal Stainless's Dividend Payout Ratio

For the Steel subindustry, Jindal Stainless's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Jindal Stainless's Dividend Payout Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Jindal Stainless's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Jindal Stainless's Dividend Payout Ratio falls into.

Jindal Stainless Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Jindal Stainless's Dividend Payout Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2024 )	/	EPS without NRI (A: Mar. 2024 )
	=	2.5	/	32.037
	=	0.08

Jindal Stainless's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0	/	6.084
	=	0.00

Jindal Stainless (BOM:532508) Dividend Payout Ratio Explanation

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.

Jindal Stainless Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Jindal Stainless's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Jindal Stainless (BOM:532508) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Jindal Stainless Ltd (BOM:532508) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

JSL:India

Address

Jindal Centre, 12, Bhikaiji Cama Place, New Delhi, IND, 110066

Website

https://www.jindalstainless.com

Jindal Stainless Ltd is an India-based stainless steel manufacturing company. It offers products such as ferroalloys, stainless steel slabs, and blooms, hot rolled and cold rolled coils, plates, razor blade steel, precision strips, and coin blanks. The firm has a distribution network through its service centers and warehouses in both the Indian and overseas markets. Jindal derives most of the revenue from the sale of steel products.

Jindal Stainless (BOM:532508) Headlines

No Headlines