As of today (2026-07-09), the Forward Annual Dividend Yield of Welcast Steels is 0.00%.
As of today (2026-07-09), the Trailing Annual Dividend Yield of Welcast Steels is 0.00%.
BOM:504988's Forward Dividend Yield % is not ranked *
in the Steel industry.
Industry Median: 2.875 * Ranked among companies with meaningful Forward Dividend Yield % only.
During the past 12 months, Welcast Steels's average Dividends Per Share Growth Rate was -100.00% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Welcast Steels was 35.70% per year. The lowest was -26.30% per year. And the median was 0.00% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
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.
Welcast Steels Forward Dividend Yield % Related Terms
BOM:504988 vs NUE, STLD, RS: Forward Dividend Yield % Comparison
For the Steel subindustry, Welcast Steels'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.
Welcast Steels Forward Dividend Yield % vs Steel Industry
For the Steel industry and Basic Materials sector, Welcast Steels's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Welcast Steels's Forward Dividend Yield % falls into.
What does a Forward Dividend Yield % of 0.00% mean?
Welcast Steels (BOM:504988) has a Forward Dividend Yield % of 0.00% as of Jul. 09, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Welcast Steels and its competitors. According to the industry distribution chart, Welcast Steels ranks #999999 out of 310 companies in the Steel industry.
Is Welcast Steels' Forward Dividend Yield % too high?
Welcast Steels' current Forward Dividend Yield % is 0.00%. Based on the distribution chart, Welcast Steels ranks #999999 out of 310 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Welcast Steels has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Welcast Steels' Forward Dividend Yield % compare to NUE and STLD?
According to the Steel industry distribution chart, Welcast Steels ranks #999999 out of 310 companies for Forward Dividend Yield %. This places Welcast Steels in the lower half of its industry. The industry median Forward Dividend Yield % is 2.88. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for a Steel company?
The median Forward Dividend Yield % among Steel companies is 2.88, based on 310 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Welcast Steels and its competitors. For the Steel industry, the median Forward Dividend Yield % is 2.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Welcast Steels's current Forward Dividend Yield % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Welcast Steels stock overvalued right now?
Based on GuruFocus' analysis, Welcast Steels (BOM:504988) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹586.47, compared to a current price of ₹691.00 — trading 17.8% above its estimated fair value. The current Forward Dividend Yield % is 0.00%. Welcast Steels' overall GF Score™ is 50/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For Welcast Steels (BOM:504988), the current Forward Dividend Yield % is 0.00% as of Jul. 09, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Welcast Steels (BOM:504988) Overvalued in 2026?
Based on GuruFocus' analysis, Welcast Steels stock appears to be overvalued.
The current stock price of ₹691.00 is trading 17.8% above its estimated GF Value™ of ₹586.47.
GuruFocus considers Welcast Steels to be Modestly Overvalued.
Key valuation signals for BOM:504988:
Forward Dividend Yield %: 0.00%
GF Value™: ₹586.47 vs. price of ₹691.00 (17.8% above fair value)
No single metric tells the full story. See the BOM:504988 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Welcast Steels Ltd is engaged in the manufacturing and marketing of chrome grinding media balls. The company products are used in the Cement and Mining Industry. It exports its products to other countries like the USA, U.A.E., Japan, Australia, Thailand, Sri Lanka, UK, Bangladesh, Indonesia, Oman, Qatar, Philippines, Slovakia, Hong Kong, Canada, Bulgaria, and Vietnam. The company mainly operates in only one segment namely the manufacturing of High Chrome Grinding Media Balls and generates revenue from the same.
50GF Score
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