As of today (2024-04-27), the Trailing Annual Dividend Yield of Greenlam Industries is 0.25%.
Warning Sign:
Greenlam Industries Ltd stock dividend yield is close to 5-year low.
The historical rank and industry rank for Greenlam Industries's Dividend Yield % or its related term are showing as below:
BOM:538979'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.11 Med: 0.33 Max: 1.43
Current: 0.25
During the past 10 years, the highest Dividend Yield of Greenlam Industries was 1.43%. The lowest was 0.11%. And the median was 0.33%.
BOM:538979's Dividend Yield % is ranked worse than 96.76% of 247
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.61
vs BOM:538979: 0.25
During the past 12 months, Greenlam 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 -5.00% per year.
During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Greenlam Industries was 91.30% per year. The lowest was -5.00% per year. And the median was 48.50% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Greenlam Industries Dividend Yield % Historical Data
The historical data trend for Greenlam Industries's Dividend Yield % 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.
Competitive Comparison of Greenlam Industries's Dividend Yield %
For the Furnishings, Fixtures & Appliances subindustry, Greenlam Industries's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.
Greenlam Industries's Dividend Yield % Distribution in the Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Greenlam Industries's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Greenlam Industries's Dividend Yield % falls into.
Greenlam Industries Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Greenlam Industries Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
INR 1.500
2023-06-30
2023-06-30
2023-08-09
Cash Dividend
annually
INR: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.
Greenlam Industries's Trailing Annual Dividend Yield (%) for Today is calculated as
* 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.
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
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.
Greenlam Industries Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Greenlam Industries's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Greenlam Industries (BOM:538979) Business Description
Greenlam Industries Ltd manufactures laminate flooring. The company manufactures and sells laminates, decorative veneers, and their allied products which are used for homes, kitchens, offices and other premises. Its business activity includes work of Laminates, compact laminates, decorative veneers, engineered wood flooring, engineered door sets and door leaf and other allied products through its wholesale and retail network. The firm offers its products under the Greenlam, New Mika, Decowood, Mikasa Floors, and Mikasa Doors and Frames brand names. The operating segments of the company are Laminate and allied products and Veneer and allied products. Geographically, the group has a business presence in India and Outside India, of which a majority of its revenue is derived within India.
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