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Steel Strips Wheels (BOM:513262) Dividend Payout Ratio : 0.00 (As of Dec. 2023)


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What is Steel Strips Wheels Dividend Payout Ratio?

Steel Strips Wheels's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Steel Strips Wheels's Dividend Payout Ratio or its related term are showing as below:

BOM:513262' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.06   Max: 0.28
Current: 0.08


During the past 13 years, the highest Dividend Payout Ratio of Steel Strips Wheels was 0.28. The lowest was 0.02. And the median was 0.06.

BOM:513262's Dividend Payout Ratio is ranked better than
91.91% of 742 companies
in the Vehicles & Parts industry
Industry Median: 0.28 vs BOM:513262: 0.08

As of today (2024-05-15), the Dividend Yield % of Steel Strips Wheels is 0.47%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Steel Strips Wheels was 1.33%. The lowest was 0.11%. And the median was 0.47%.

Steel Strips Wheels's Dividends per Share for the months ended in Dec. 2023 was ₹0.00.

During the past 12 months, Steel Strips Wheels's average Dividends Per Share Growth Rate was 33.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 23.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Steel Strips Wheels was 38.70% per year. The lowest was -20.60% per year. And the median was 14.50% per year.

The growth rate is calculated with least square regression.

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


Steel Strips Wheels Dividend Payout Ratio Historical Data

The historical data trend for Steel Strips Wheels's Dividend Payout Ratio 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.

Steel Strips Wheels Dividend Payout Ratio Chart

Steel Strips Wheels Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.28 - 0.02 0.06

Steel Strips Wheels Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Payout Ratio 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 - - - 0.30 -

Competitive Comparison of Steel Strips Wheels's Dividend Payout Ratio

For the Auto Parts subindustry, Steel Strips Wheels's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.


Steel Strips Wheels's Dividend Payout Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Steel Strips Wheels's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Steel Strips Wheels's Dividend Payout Ratio falls into.



Steel Strips Wheels Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Steel Strips Wheels's Dividend Payout Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2023 )/ EPS without NRI (A: Mar. 2023 )
=0.75/ 12.35
=0.06

Steel Strips Wheels'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/ 3.79
=0.00

* 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.


Steel Strips Wheels (BOM:513262) Dividend Payout Ratio Explanation

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.


Steel Strips Wheels Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Steel Strips Wheels's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Steel Strips Wheels (BOM:513262) Business Description

Traded in Other Exchanges
Address
Madhya Marg, SCO 49-50, Sector 26, Chandigarh, IND, 160 019
Steel Strips Wheels Ltd is an India-based automotive steel wheels manufacturing company. It is engaged in the designing and manufacturing business of Steel wheel rims and Alloy wheel rims catering to different segments of the automobile industry. The company operates in India and has a presence in international markets as well. The group generates the majority of its revenue from India.

Steel Strips Wheels (BOM:513262) Headlines

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