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Vardhman Acrylics (NSE:VARDHACRLC) Dividend Yield % : 4.50% (As of May. 20, 2024)


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What is Vardhman Acrylics Dividend Yield %?

As of today (2024-05-20), the Trailing Annual Dividend Yield of Vardhman Acrylics is 4.50%.

Good Sign:

Vardhman Acrylics Ltd stock dividend yield is close to 1-year high.

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

NSE:VARDHACRLC' s Dividend Yield % Range Over the Past 10 Years
Min: 2.48   Med: 5.48   Max: 52.3
Current: 4.5

During the past 13 years, the highest Dividend Yield of Vardhman Acrylics was 52.30%. The lowest was 2.48%. And the median was 5.48%.

NSE:VARDHACRLC's Dividend Yield % is ranked better than
74.4% of 539 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.46 vs NSE:VARDHACRLC: 4.50

Vardhman Acrylics's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Vardhman Acrylics Ltd is 1.14, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Vardhman Acrylics was 30.23. The lowest was 0.49. And the median was 0.95.

As of today (2024-05-20), the Forward Dividend Yield % of Vardhman Acrylics is 4.50%.

Vardhman Acrylics's Dividends per Share for the three months ended in Mar. 2024 was ₹0.00.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Vardhman Acrylics was 132.10% per year. The lowest was -30.70% per year. And the median was 50.70% per year.

The growth rate is calculated with least square regression.

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


Vardhman Acrylics Dividend Yield % Historical Data

The historical data trend for Vardhman Acrylics'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.

Vardhman Acrylics Dividend Yield % Chart

Vardhman Acrylics Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.35 - 46.51 - 4.90

Vardhman Acrylics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 4.66 4.21 4.90

Competitive Comparison of Vardhman Acrylics's Dividend Yield %

For the Textile Manufacturing subindustry, Vardhman Acrylics'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.


Vardhman Acrylics's Dividend Yield % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vardhman Acrylics's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Vardhman Acrylics's Dividend Yield % falls into.



Vardhman Acrylics Dividend Yield % Calculation

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

Vardhman Acrylics Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 2.5000002023-09-152023-09-160000-00-00Cash DividendannuallyINR:INR 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Vardhman Acrylics's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.5/55.60
=4.50 %

Current Share Price is ₹55.60.
Vardhman Acrylics's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹2.5.

Vardhman Acrylics's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=/55.60
=0.00 %

Current Share Price is ₹55.60.
Vardhman Acrylics's Dividends per Share for the forward twelve months is calculated as * = .

* 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.


Vardhman Acrylics  (NSE:VARDHACRLC) 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.


Vardhman Acrylics Dividend Yield % Related Terms

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Vardhman Acrylics (NSE:VARDHACRLC) Business Description

Traded in Other Exchanges
N/A
Address
Chandigarh Road, Vardhman Premises, Ludhiana, PB, IND, 141010
Vardhman Acrylics Ltd is engaged in manufacturing man-made fibers. The firm operates through the Acrylic Fibre and Tow segment having its manufacturing facility in Gujarat, India. Its products are widely used for the manufacture of winter wear such as sweaters, woolen fabric, technical textiles such as non-wovens and carpets, and others.

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