Drone Destination (NSE:DRONE) Dividend Payout Ratio : 0.00 (As of Mar. 2023)

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What is Drone Destination Dividend Payout Ratio?

Drone Destination's dividend payout ratio for the months ended in Mar. 2023 was 0.00.

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

NSE:DRONE's Dividend Payout Ratio is not ranked ^*
in the Education industry.
Industry Median: 0.5
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-06-08), the Dividend Yield % of Drone Destination is 0.00%.

Drone Destination's Dividends per Share for the months ended in Mar. 2023 was ₹0.00.

The growth rate is calculated with least square regression.

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

Drone Destination Dividend Payout Ratio Historical Data

The historical data trend for Drone Destination'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.

Drone Destination Dividend Payout Ratio Chart

Drone Destination Annual Data

Trend

Mar21

Mar22

Mar23

Dividend Payout Ratio

Drone Destination Semi-Annual Data
	Mar21	Mar22	Mar23
Dividend Payout Ratio	-	-	-

Competitive Comparison of Drone Destination's Dividend Payout Ratio

For the Education & Training Services subindustry, Drone Destination'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.

Drone Destination's Dividend Payout Ratio Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Drone Destination's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Drone Destination's Dividend Payout Ratio falls into.

Drone Destination Dividend Payout Ratio Calculation

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

Drone Destination's Dividend Payout Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2023 )	/	EPS without NRI (A: Mar. 2023 )
	=	0	/	1.025
	=	0.00

Drone Destination's Dividend Payout Ratio for the quarter that ended in Mar. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2023 )	/	EPS without NRI (Q: Mar. 2023 )
	=	0	/	1.025
	=	0.00

Drone Destination (NSE:DRONE) 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.

Drone Destination Dividend Payout Ratio Related Terms

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

Drone Destination (NSE:DRONE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Drone Destination Ltd (NSE:DRONE) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

C-13, Ground Floor, Panchsheel Enclave, Delhi, IND, 110017

Website

https://www.thedronedestination.com

Drone Destination Ltd is a DGCA-authorized Remote Pilot Training Organization that has developed an integrated drone eco-system built around drone manufacturing, certified training, services, and renting a drone. The company operates the largest network of DGCA-certified Drone Pilot Training Programs. Drone Destination currently operates nine Drone Hubs at Gurugram, Dharamshala, Chandigarh, Gwalior, Ahmedabad, Bangalore, Coimbatore, Madurai and IFFCO Phulpur.

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