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Vardhman Holdings (NSE:VHL) Dividend Yield % : 0.17% (As of Jun. 06, 2024)


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What is Vardhman Holdings Dividend Yield %?

As of today (2024-06-06), the Trailing Annual Dividend Yield of Vardhman Holdings is 0.17%.

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

NSE:VHL' s Dividend Yield % Range Over the Past 10 Years
Min: 0.05   Med: 0.24   Max: 0.68
Current: 0.17

During the past 13 years, the highest Dividend Yield of Vardhman Holdings was 0.68%. The lowest was 0.05%. And the median was 0.24%.

NSE:VHL's Dividend Yield % is ranked worse than
94.69% of 207 companies
in the Credit Services industry
Industry Median: 3.68 vs NSE:VHL: 0.17

Vardhman Holdings's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Vardhman Holdings was 0.03. The lowest was 0.00. And the median was 0.01.

As of today (2024-06-06), the Forward Dividend Yield % of Vardhman Holdings is 0.17%.

Vardhman Holdings's Dividends per Share for the three months ended in Mar. 2024 was ₹0.00.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Vardhman Holdings was 18.60% per year. The lowest was -20.60% per year. And the median was 7.70% per year.

The growth rate is calculated with least square regression.

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


Vardhman Holdings Dividend Yield % Historical Data

The historical data trend for Vardhman Holdings'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.

Vardhman Holdings Dividend Yield % Chart

Vardhman Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 - 0.14 0.20 0.18

Vardhman Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.20 0.17 0.16 0.16 0.18

Competitive Comparison of Vardhman Holdings's Dividend Yield %

For the Credit Services subindustry, Vardhman Holdings'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.


Vardhman Holdings's Dividend Yield % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Vardhman Holdings's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Vardhman Holdings's Dividend Yield % falls into.



Vardhman Holdings Dividend Yield % Calculation

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

Vardhman Holdings Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 5.0000002023-09-152023-09-162023-10-04Cash DividendannuallyINR: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.

Vardhman Holdings's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=5/2963.30
=0.17 %

Current Share Price is ₹2963.30.
Vardhman Holdings's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹5.

Vardhman Holdings's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=5/2963.30
=0.17 %

Current Share Price is ₹2963.30.
Vardhman Holdings's Dividends per Share for the forward twelve months is calculated as ₹5 * 1 = ₹5.

* 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.


Vardhman Holdings  (NSE:VHL) 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.


Vardhman Holdings Dividend Yield % Related Terms

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Vardhman Holdings (NSE:VHL) Business Description

Traded in Other Exchanges
Address
Chandigarh Road, Vardhman Premises, Ludhiana, PB, IND, 141010
Vardhman Holdings Ltd operates as a non-banking financial company. The firm is principally engaged in the lending and investing activities. The company's portfolio consists of investments in debt, equity, and real estate.

Vardhman Holdings (NSE:VHL) Headlines

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