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Grupo SimecB de CV (Grupo SimecB de CV) Forward Dividend Yield % : 0.00% (As of Apr. 27, 2024)


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What is Grupo SimecB de CV Forward Dividend Yield %?

As of today (2024-04-27), the Forward Annual Dividend Yield of Grupo SimecB de CV is 0.00%.

As of today (2024-04-27), the Trailing Annual Dividend Yield of Grupo SimecB de CV is 0.00%.

SIM's Forward Dividend Yield % is not ranked *
in the Steel industry.
Industry Median: 2.83
* Ranked among companies with meaningful Forward Dividend Yield % only.

Grupo SimecB de CV's Dividends per Share for the three months ended in Dec. 2023 was $0.00.

The growth rate is calculated with least square regression.

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


Competitive Comparison of Grupo SimecB de CV's Forward Dividend Yield %

For the Steel subindustry, Grupo SimecB de CV's Forward Dividend Yield %, along with its competitors' market caps and Forward 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.


Grupo SimecB de CV's Forward Dividend Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Grupo SimecB de CV's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Grupo SimecB de CV's Forward Dividend Yield % falls into.



Grupo SimecB de CV Forward Dividend Yield % Calculation

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


Grupo SimecB de CV  (AMEX:SIM) Forward 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.


Grupo SimecB de CV Forward Dividend Yield % Related Terms

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Grupo SimecB de CV (Grupo SimecB de CV) Business Description

Traded in Other Exchanges
Address
Calzada Lazaro Cardenas 601, Colonia La Nogalera, Guadalajara, JAL, MEX, 44440
Grupo Simec SAB de CV is a diversified manufacturer, processor, and distributor of special bar quality, or SBQ, steel, and structural steel products. The United States, Brazil, and Mexico are the biggest markets for the company. The company's SBQ products are used across a broad range of engineered end-user applications, including axles, hubs, and crankshafts for automobiles and light trucks, machine tools, and off-highway equipment. The company's structural steel products are mainly used in the non-residential construction market and other construction applications.