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Jai Balaji Industries (NSE:JAIBALAJI) Dividend Yield % : 0.00% (As of May. 25, 2024)


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What is Jai Balaji Industries Dividend Yield %?

As of today (2024-05-25), the Trailing Annual Dividend Yield of Jai Balaji Industries is 0.00%.

The historical rank and industry rank for Jai Balaji Industries's Dividend Yield % or its related term are showing as below:

During the past 13 years, the highest Dividend Yield of Jai Balaji Industries was 4.53%. The lowest was 0.00%. And the median was 0.65%.

NSE:JAIBALAJI's Dividend Yield % is not ranked *
in the Steel industry.
Industry Median: 2.83
* Ranked among companies with meaningful Dividend Yield % only.

Jai Balaji Industries's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

As of today (2024-05-25), the Forward Dividend Yield % of Jai Balaji Industries is 0.00%.

Jai Balaji Industries's Dividends per Share for the three 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.


Jai Balaji Industries Dividend Yield % Historical Data

The historical data trend for Jai Balaji 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.

* Premium members only.

Jai Balaji Industries Dividend Yield % Chart

Jai Balaji Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Yield %
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Jai Balaji Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Jai Balaji Industries's Dividend Yield %

For the Steel subindustry, Jai Balaji 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.


Jai Balaji Industries's Dividend Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Jai Balaji Industries's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Jai Balaji Industries's Dividend Yield % falls into.



Jai Balaji Industries Dividend Yield % Calculation

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


Jai Balaji Industries  (NSE:JAIBALAJI) 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.


Jai Balaji Industries Dividend Yield % Related Terms

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Jai Balaji Industries (NSE:JAIBALAJI) Business Description

Traded in Other Exchanges
Address
5, Bentinck Street, 1st Floor, Kolkata, WB, IND, 700 001
Jai Balaji Industries Ltd is an India based iron and steel manufacturing company. It manufactures Sponge Iron, Pig Iron, Ductile Iron Pipe, Ferro Chrome, Billet, TMT, Coke, and Sinter. The company is engaged in a single reportable segment of Iron and Steel. Geographically, it has a business presence in India and also exports it to other countries, of which key revenue is derived from India.

Jai Balaji Industries (NSE:JAIBALAJI) Headlines

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