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Shanthi Gears (NSE:SHANTIGEAR) 3-Year Dividend Growth Rate : 49.40% (As of Mar. 2024)


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What is Shanthi Gears 3-Year Dividend Growth Rate?

Shanthi Gears's Dividends per Share for the three months ended in Mar. 2024 was ₹3.00.

The historical rank and industry rank for Shanthi Gears's 3-Year Dividend Growth Rate or its related term are showing as below:

NSE:SHANTIGEAR' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -20.6   Med: -5.45   Max: 115.4
Current: 49.4

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Shanthi Gears was 115.40% per year. The lowest was -20.60% per year. And the median was -5.45% per year.

NSE:SHANTIGEAR's 3-Year Dividend Growth Rate is ranked better than
88.7% of 1080 companies
in the Industrial Products industry
Industry Median: 13.05 vs NSE:SHANTIGEAR: 49.40

During the past 12 months, Shanthi Gears's average Dividends Per Share Growth Rate was 66.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 49.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Shanthi Gears's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.90. As of today, Shanthi Gears's Dividend Yield % is 0.93%.

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


Competitive Comparison of Shanthi Gears's 3-Year Dividend Growth Rate

For the Specialty Industrial Machinery subindustry, Shanthi Gears's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


Shanthi Gears's 3-Year Dividend Growth Rate Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanthi Gears's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Shanthi Gears's 3-Year Dividend Growth Rate falls into.



Shanthi Gears 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Shanthi Gears  (NSE:SHANTIGEAR) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Shanthi Gears's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=3/ 3.35
=0.90

During the past 13 years, the highest Dividend Payout Ratio of Shanthi Gears was 1.30. The lowest was 0.24. And the median was 0.47.

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

Shanthi Gears Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 3.0000002024-02-092024-02-092024-02-23Cash Dividendsemi-annuallyINR:INR 1.000000
INR 2.0000002023-07-142023-07-172023-08-25Cash Dividendsemi-annuallyINR: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.

Shanthi Gears's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=5/537.45
=0.93 %

Current Share Price is ₹537.45.
Shanthi Gears's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹5.

During the past 13 years, the highest Dividend Yield of Shanthi Gears was 6.38%. The lowest was 0.38%. And the median was 0.92%.

* 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.


Shanthi Gears 3-Year Dividend Growth Rate Related Terms>


Shanthi Gears (NSE:SHANTIGEAR) Business Description

Traded in Other Exchanges
Address
304-A, Trichy Road, Singanallur, Coimbatore, TN, IND, 641005
Shanthi Gears Ltd is an India based company, engages in the design, manufacture, supply, and servicing of gears and gearboxes. It offers standard worm gearboxes; helical and bevel helical gearboxes; geared motors; cooling tower, extruder, and rolling mill gearboxes; and textile gears and gear assemblies. Geographically the company caters its services to both domestic and overseas market.

Shanthi Gears (NSE:SHANTIGEAR) Headlines

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