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JTL Industries (BOM:534600) Dividend Payout Ratio : 0.00 (As of Mar. 2024)


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What is JTL Industries Dividend Payout Ratio?

JTL Industries's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

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

BOM:534600' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.03   Max: 0.05
Current: 0.02


During the past 13 years, the highest Dividend Payout Ratio of JTL Industries was 0.05. The lowest was 0.02. And the median was 0.03.

BOM:534600's Dividend Payout Ratio is ranked better than
98.37% of 307 companies
in the Steel industry
Industry Median: 0.29 vs BOM:534600: 0.02

As of today (2024-05-20), the Dividend Yield % of JTL Industries is 0.05%.

During the past 13 years, the highest Trailing Annual Dividend Yield of JTL Industries was 0.23%. The lowest was 0.04%. And the median was 0.16%.

JTL Industries's Dividends per Share for the months ended in Mar. 2024 was ₹0.00.

The growth rate is calculated with least square regression.

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


JTL Industries Dividend Payout Ratio Historical Data

The historical data trend for JTL Industries'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.

JTL Industries Dividend Payout Ratio Chart

JTL Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.05 - 0.02

JTL Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 - - 0.07 - -

Competitive Comparison of JTL Industries's Dividend Payout Ratio

For the Steel subindustry, JTL Industries'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.


JTL Industries's Dividend Payout Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, JTL Industries's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where JTL Industries's Dividend Payout Ratio falls into.



JTL Industries Dividend Payout Ratio Calculation

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

JTL Industries's Dividend Payout Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2024 )/ EPS without NRI (A: Mar. 2024 )
=0.1/ 6.52
=0.02

JTL Industries'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 )
=0/ 1.71
=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.


JTL Industries (BOM:534600) 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.


JTL Industries Dividend Payout Ratio Related Terms

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


JTL Industries (BOM:534600) Business Description

Traded in Other Exchanges
Address
SCO 18-19, Sector 28-C, Chandigarh, PB, IND, 160 002
JTL Industries Ltd operates in the metal industry. The company manufactures and is involved in galvanized ERW Steel Pipes and Tubes, hollow sections, and structural steel extensively used in engineering and construction projects. Company has single reportable business segment i.e. manufacturing of iron/steel tubes, pipes and structures. The Company has a pan-India presence and is globally present in serving continents such as Europe, Africa, Asia, Australia and North America.

JTL Industries (BOM:534600) Headlines

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