Surani Steel Tubes (NSE:SURANI) Dividend Payout Ratio : 0.00 (As of Sep. 2023)

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What is Surani Steel Tubes Dividend Payout Ratio?

Surani Steel Tubes's dividend payout ratio for the months ended in Sep. 2023 was 0.00.

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

NSE:SURANI's Dividend Payout Ratio is not ranked ^*
in the Steel industry.
Industry Median: 0.3
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-06-10), the Dividend Yield % of Surani Steel Tubes is 0.00%.

Surani Steel Tubes's Dividends per Share for the months ended in Sep. 2023 was ₹0.00.

The growth rate is calculated with least square regression.

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

Surani Steel Tubes Dividend Payout Ratio Historical Data

The historical data trend for Surani Steel Tubes'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.

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Surani Steel Tubes Dividend Payout Ratio Chart

Surani Steel Tubes Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Dividend Payout Ratio

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Surani Steel Tubes Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Mar22	Sep22	Mar23	Sep23
Dividend Payout Ratio	Get a 7-Day Free Trial										-	-	-	-	-

Competitive Comparison of Surani Steel Tubes's Dividend Payout Ratio

For the Steel subindustry, Surani Steel Tubes'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.

Surani Steel Tubes's Dividend Payout Ratio Distribution in the Steel Industry

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

* The bar in red indicates where Surani Steel Tubes's Dividend Payout Ratio falls into.

Surani Steel Tubes Dividend Payout Ratio Calculation

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

Surani Steel Tubes'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	/	-4.465
	=	N/A

Surani Steel Tubes's Dividend Payout Ratio for the quarter that ended in Sep. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2023 )	/	EPS without NRI (Q: Sep. 2023 )
	=	0	/	-1.54
	=	N/A

Surani Steel Tubes (NSE:SURANI) 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.

Surani Steel Tubes Dividend Payout Ratio Related Terms

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

Surani Steel Tubes (NSE:SURANI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Surani Steel Tubes Ltd (NSE:SURANI) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bayad Road, Sr. No. 110,115, Opposite Vinayak TMT, Village Sampa, Taluka Dahegam, Gandhinagar, GJ, IND, 382315

Website

https://www.suranisteel.com

Surani Steel Tubes Ltd is engaged in manufacturing and supplying ERW pipes and steel tubes. The company operates a single segment named manufacturing ERW MS PIPES and trading of MS PIPE. The company's products include ERW Round Pipes and Tubes, Square and Rectangle Hollow Sections, MS Slit Coils and Strips, Hot Roll Coils, and Brochures. Geographically, it operates only in India.

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