Kothari Petrochemicals (NSE:KOTHARIPET) Dividend Payout Ratio : 0.29 (As of Mar. 2024)

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What is Kothari Petrochemicals Dividend Payout Ratio?

Kothari Petrochemicals's dividend payout ratio for the months ended in Mar. 2024 was 0.29.

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

NSE:KOTHARIPET' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.08 Med: 0.22 Max: 1.29
Current: 0.14

During the past 13 years, the highest Dividend Payout Ratio of Kothari Petrochemicals was 1.29. The lowest was 0.08. And the median was 0.22.

NSE:KOTHARIPET's Dividend Payout Ratio is ranked better than
86.63% of 905 companies
in the Chemicals industry
Industry Median: 0.38 vs NSE:KOTHARIPET: 0.14

As of today (2024-06-18), the Dividend Yield % of Kothari Petrochemicals is 1.11%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Kothari Petrochemicals was 11.36%. The lowest was 0.39%. And the median was 3.75%.

Kothari Petrochemicals's Dividends per Share for the months ended in Mar. 2024 was ₹0.75.

During the past 12 months, Kothari Petrochemicals's average Dividends Per Share Growth Rate was 200.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Kothari Petrochemicals was 58.70% per year. The lowest was -37.00% per year. And the median was -0.95% per year.

The growth rate is calculated with least square regression.

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

Kothari Petrochemicals Dividend Payout Ratio Historical Data

The historical data trend for Kothari Petrochemicals'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.

Kothari Petrochemicals Dividend Payout Ratio Chart

Kothari Petrochemicals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

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0.17

0.08

0.14

Kothari Petrochemicals Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.22	-	0.24	-	0.29

Competitive Comparison of Kothari Petrochemicals's Dividend Payout Ratio

For the Specialty Chemicals subindustry, Kothari Petrochemicals'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.

Kothari Petrochemicals's Dividend Payout Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kothari Petrochemicals's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Kothari Petrochemicals's Dividend Payout Ratio falls into.

Kothari Petrochemicals Dividend Payout Ratio Calculation

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

Kothari Petrochemicals'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 )
	=	1.5	/	10.887
	=	0.14

Kothari Petrochemicals'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 )
	=	0.75	/	2.629
	=	0.29

Kothari Petrochemicals (NSE:KOTHARIPET) 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.

Kothari Petrochemicals Dividend Payout Ratio Related Terms

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

Kothari Petrochemicals (NSE:KOTHARIPET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kothari Petrochemicals Ltd (NSE:KOTHARIPET) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 115, Mahatma Gandhi Salai, Kothari Buildings, Nungambakkam High Road, Chennai, TN, IND, 600034

Website

https://www.kotharipetrochemicals.com

Kothari Petrochemicals Ltd is an India-based company engaged in the manufacturing of PolyIso Butylene and the sale of petrochemical products. The company products include KVIS 10, KVIS 20, KVIS 30, KVIS 100, KVIS 150, KVIS 200, and PIB R-01.

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