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Candour Techtex (BOM:522292) Forward Dividend Yield % : 0.00% (As of Sep. 21, 2024)


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What is Candour Techtex Forward Dividend Yield %?

As of today (2024-09-21), the Forward Annual Dividend Yield of Candour Techtex is 0.00%.

As of today (2024-09-21), the Trailing Annual Dividend Yield of Candour Techtex is 0.00%.

BOM:522292's Forward Dividend Yield % is not ranked *
in the Industrial Products industry.
Industry Median: 2.01
* Ranked among companies with meaningful Forward Dividend Yield % only.

Candour Techtex's Dividends per Share for the three months ended in Jun. 2024 was ₹0.00.

The growth rate is calculated with least square regression.

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


Competitive Comparison of Candour Techtex's Forward Dividend Yield %

For the Specialty Industrial Machinery subindustry, Candour Techtex'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.


Candour Techtex's Forward Dividend Yield % Distribution in the Industrial Products Industry

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

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



Candour Techtex Forward Dividend Yield % Calculation

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


Candour Techtex  (BOM:522292) 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.


Candour Techtex Forward Dividend Yield % Related Terms

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Candour Techtex Business Description

Traded in Other Exchanges
N/A
Address
52, S.K. Ahire Marg, 108/109, T.V. Industrial Estate, Worli, Mumbai, MH, IND, 400 030
Candour Techtex Ltd is an India-based textile machinery manufacturer of two-for-one twisting machines (TFO). In addition, it also manufactures velvet fabrics. The operating segments of the company are the Textile division; Plastic division, Trading Division and Technical Textiles Division. It derives maximum revenue from the Trading division. The organization also manufactures plastic crates and other allied plastic products. The company has business operations in India and internationally. Its product offerings comprise Die Casting machines, Injection Moulding Machines, and Rubber Injection Moulding machines, among others.

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