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Akzo Nobel India (NSE:AKZOINDIA) Dividend Yield % : 3.69% (As of Apr. 29, 2024)


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What is Akzo Nobel India Dividend Yield %?

As of today (2024-04-29), the Trailing Annual Dividend Yield of Akzo Nobel India is 3.69%.

Good Sign:

Akzo Nobel India Ltd stock dividend yield is close to 1-year high.

The historical rank and industry rank for Akzo Nobel India's Dividend Yield % or its related term are showing as below:

NSE:AKZOINDIA' s Dividend Yield % Range Over the Past 10 Years
Min: 0.56   Med: 1.46   Max: 4.1
Current: 3.69

During the past 13 years, the highest Dividend Yield of Akzo Nobel India was 4.10%. The lowest was 0.56%. And the median was 1.46%.

NSE:AKZOINDIA's Dividend Yield % is ranked better than
76.99% of 1056 companies
in the Chemicals industry
Industry Median: 1.99 vs NSE:AKZOINDIA: 3.69

Akzo Nobel India's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Akzo Nobel India Ltd is 0.72, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Akzo Nobel India was 1.10. The lowest was 0.38. And the median was 0.53.

As of today (2024-04-29), the Forward Dividend Yield % of Akzo Nobel India is 4.10%.

Akzo Nobel India's Dividends per Share for the three months ended in Dec. 2023 was ₹0.00.

During the past 12 months, Akzo Nobel India's average Dividends Per Share Growth Rate was -13.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 35.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 28.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 13.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Akzo Nobel India was 47.10% per year. The lowest was -18.10% per year. And the median was 13.30% per year.

The growth rate is calculated with least square regression.

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


Akzo Nobel India Dividend Yield % Historical Data

The historical data trend for Akzo Nobel India'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.

* Premium members only.

Akzo Nobel India Dividend Yield % Chart

Akzo Nobel India Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.24 1.08 1.48 3.67 2.61

Akzo Nobel India Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % 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 3.37 2.61 2.47 2.59 2.49

Competitive Comparison of Akzo Nobel India's Dividend Yield %

For the Specialty Chemicals subindustry, Akzo Nobel India'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.


Akzo Nobel India's Dividend Yield % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Akzo Nobel India's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Akzo Nobel India's Dividend Yield % falls into.



Akzo Nobel India Dividend Yield % Calculation

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

Akzo Nobel India Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 50.0002024-02-162024-02-162024-03-02Cash Dividendsemi-annuallyINR:INR 1.000000
INR 40.0002023-07-272023-07-282023-08-24Cash Dividendsemi-annuallyINR: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.

Akzo Nobel India's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=90/2442.00
=3.69 %

Current Share Price is ₹2442.00.
Akzo Nobel India's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹90.

Akzo Nobel India's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=100/2442.00
=4.10 %

Current Share Price is ₹2442.00.
Akzo Nobel India's Dividends per Share for the forward twelve months is calculated as ₹50 * 2 = ₹100.

* 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.


Akzo Nobel India  (NSE:AKZOINDIA) Dividend Yield % Explanation

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Akzo Nobel India Dividend Yield % Related Terms

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Akzo Nobel India (NSE:AKZOINDIA) Business Description

Traded in Other Exchanges
Address
Golf Course Extension Road, 9th Floor, Magnum Towers, Sector 58, Gurugram, HR, IND, 122 011
Akzo Nobel India Ltd manufactures and sells a variety of chemicals and coatings. The company organizes itself into only segments based on the product type. The coatings segment, which generates the vast majority of revenue, sells decorative paints under the Dulux brand and performance coatings for ships, cars, aircraft, and buildings. The vast majority of revenue comes from India.

Akzo Nobel India (NSE:AKZOINDIA) Headlines

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