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Permanent Magnets (BOM:504132) Forward Dividend Yield % : 0.13% (As of Jun. 25, 2024)


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What is Permanent Magnets Forward Dividend Yield %?

As of today (2024-06-25), the Forward Annual Dividend Yield of Permanent Magnets is 0.13%.

As of today (2024-06-25), the Trailing Annual Dividend Yield of Permanent Magnets is 0.13%.

BOM:504132's Forward Dividend Yield % is ranked worse than
97.75% of 1863 companies
in the Industrial Products industry
Industry Median: 1.98 vs BOM:504132: 0.13

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

During the past 12 months, Permanent Magnets's average Dividends Per Share Growth Rate was 25.00% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison of Permanent Magnets's Forward Dividend Yield %

For the Electrical Equipment & Parts subindustry, Permanent Magnets's Forward Dividend Yield %, along with its competitors' market caps and Forward 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.


Permanent Magnets's Forward Dividend Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Permanent Magnets's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Permanent Magnets's Forward Dividend Yield % falls into.



Permanent Magnets Forward Dividend Yield % Calculation

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

Permanent Magnets Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 1.5000002023-08-232023-08-242023-09-25Cash 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.

Permanent Magnets's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.5/1133.90
=0.13 %

Current Share Price is ₹1133.90.
Permanent Magnets's Dividends per Share for the forward twelve months is calculated as ₹1.5 * 1 = ₹1.5.

Permanent Magnets's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.5/1133.90
=0.13 %

Current Share Price is ₹1133.90.
Permanent Magnets's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹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.


Permanent Magnets  (BOM:504132) Forward 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.


Permanent Magnets Forward Dividend Yield % Related Terms

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Permanent Magnets (BOM:504132) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. B-3, MIDC Industrial Area, Village Mira, Mira Road (East), Thane, MH, IND, 401107
Permanent Magnets Ltd is an Indian based company. It is engaged in the manufacturing of cast magnets and parts and accessories for electricity meters and its application. The magnets are used in electronics, electricity meters, automobile industries, telecommunication, defense, space research, aeronautics, railways, and electricity generation industries. Its product portfolio includes magnetic assemblies, shunts, brass terminals, magnetic separators, electromagnets, alnico magnets, and others. The company derives the majority of its revenue from sales of parts and accessories of the electricity meter. The company operates in one single segment which is Engineering and Current Sensing application.

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