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Grasim Industries (Grasim Industries) 3-Year Dividend Growth Rate

: -10.60% (As of Dec. 2023)
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Grasim Industries's Dividends per Share for the three months ended in Dec. 2023 was $0.00.

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

GRSXY' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -14.2   Med: -7.2   Max: 23.3
Current: -10.6

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Grasim Industries was 23.30% per year. The lowest was -14.20% per year. And the median was -7.20% per year.

GRSXY's 3-Year Dividend Growth Rate is ranked worse than
80.23% of 172 companies
in the Building Materials industry
Industry Median: 13.1 vs GRSXY: -10.60

During the past 12 months, Grasim Industries's average Dividends Per Share Growth Rate was 100.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -10.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -4.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 2.30% 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.

Grasim Industries's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00. As of today, Grasim Industries's Dividend Yield % is 0.00%.

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


Competitive Comparison

For the Building Materials subindustry, Grasim Industries'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.


Grasim Industries 3-Year Dividend Growth Rate Distribution

For the Building Materials industry and Basic Materials sector, Grasim Industries's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Grasim Industries 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.


Grasim Industries  (OTCPK:GRSXY) 3-Year Dividend Growth Rate Explanation

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

Grasim Industries's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0/ 0.276
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Grasim Industries was 0.15. The lowest was 0.05. And the median was 0.09.

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

Grasim Industries Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1212023-08-182023-08-212023-09-01Cash DividendannuallyUSD:USD 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.

Grasim Industries's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.121/19.61
=0.62 %

Current Share Price is $19.61.
Grasim Industries's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.121.

During the past 13 years, the highest Dividend Yield of Grasim Industries was 1.54%. The lowest was 0.25%. And the median was 0.57%.

* 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.


Grasim Industries 3-Year Dividend Growth Rate Related Terms>


Grasim Industries (Grasim Industries) Business Description

Traded in Other Exchanges
Address
Sudam Kalu Ahire Marg, A Wing, 2nd Floor, Aditya Birla Centre, Worli, Mumbai, MH, IND, 400030
Grasim Industries Ltd is a cement and viscose staple fibre (VSF) manufacturing firm based in India. The activities of the group fall under the operating segments of Viscose, Chemicals, Cement, Financial Services, and Others. It derives key revenue from the Cement segment which covers products like Grey Cement, White Cement and allied products. The viscose segment includes products such as Viscose Staple Fibre, Wood Pulp and Viscose Filament Yarn. Through the Chemicals segment, the group offers Caustic soda, Allied chemicals and Epoxy. Geographically, the company has a business presence in India and other countries, of which maximum revenue is generated within India.

Grasim Industries (Grasim Industries) Headlines

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