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Surani Steel Tubes (NSE:SURANI) Dividend Yield % : 0.00% (As of Jun. 10, 2024)


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What is Surani Steel Tubes Dividend Yield %?

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

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

NSE:SURANI's Dividend Yield % is not ranked *
in the Steel industry.
Industry Median: 2.91
* Ranked among companies with meaningful Dividend Yield % only.

Surani Steel Tubes's Dividend Payout Ratio for the six months ended in Sep. 2023 was 0.00.

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

Surani Steel Tubes's Dividends per Share for the six 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 Yield % Historical Data

The historical data trend for Surani Steel Tubes's Dividend Yield % 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.

Surani Steel Tubes Dividend Yield % Chart

Surani Steel Tubes Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Dividend Yield %
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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
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Competitive Comparison of Surani Steel Tubes's Dividend Yield %

For the Steel subindustry, Surani Steel Tubes's Dividend Yield %, along with its competitors' market caps and 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.


Surani Steel Tubes's Dividend Yield % Distribution in the Steel Industry

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

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



Surani Steel Tubes Dividend Yield % Calculation

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


Surani Steel Tubes  (NSE:SURANI) 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.


Surani Steel Tubes Dividend Yield % Related Terms

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Surani Steel Tubes (NSE:SURANI) Business Description

Traded in Other Exchanges
N/A
Address
Bayad Road, Sr. No. 110,115, Opposite Vinayak TMT, Village Sampa, Taluka Dahegam, Gandhinagar, GJ, IND, 382315
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.

Surani Steel Tubes (NSE:SURANI) Headlines

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