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Sunshield Chemicals (BOM:530845) Forward Dividend Yield % : 0.32% (As of Jun. 13, 2024)


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What is Sunshield Chemicals Forward Dividend Yield %?

As of today (2024-06-13), the Forward Annual Dividend Yield of Sunshield Chemicals is 0.32%.

As of today (2024-06-13), the Trailing Annual Dividend Yield of Sunshield Chemicals is 0.32%.

BOM:530845's Forward Dividend Yield % is ranked worse than
91.63% of 1027 companies
in the Chemicals industry
Industry Median: 1.95 vs BOM:530845: 0.32

Sunshield Chemicals's Dividends per Share for the three months ended in Mar. 2024 was ₹1.20.

During the past 12 months, Sunshield Chemicals's average Dividends Per Share Growth Rate was 60.00% 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 Sunshield Chemicals's Forward Dividend Yield %

For the Specialty Chemicals subindustry, Sunshield Chemicals'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.


Sunshield Chemicals's Forward Dividend Yield % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sunshield Chemicals's Forward Dividend Yield % distribution charts can be found below:

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



Sunshield Chemicals Forward Dividend Yield % Calculation

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

Sunshield Chemicals Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 1.2000002024-02-222024-02-220000-00-00Cash Dividendsemi-annuallyINR:INR 1.000000
INR 2.0000002023-08-102023-08-112023-09-24Cash 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.

Sunshield Chemicals's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2/989.70
=0.20 %

Current Share Price is ₹989.70.
Sunshield Chemicals's Dividends per Share for the forward twelve months is calculated as ₹2 * 1 = ₹2.

Sunshield Chemicals's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=3.2/989.70
=0.32 %

Current Share Price is ₹989.70.
Sunshield Chemicals's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹3.2.

* 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.


Sunshield Chemicals  (BOM:530845) 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.


Sunshield Chemicals Forward Dividend Yield % Related Terms

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Sunshield Chemicals (BOM:530845) Business Description

Traded in Other Exchanges
N/A
Address
Pali-Khopoli Road, Village Rasal, Wave Taluka Sudhagad, District Raigad, Post Pali, Mumbai, MH, IND, 410205
Sunshield Chemicals Ltd is a company engaged in the manufacture and sale of specialty chemicals in domestic and international markets. Its products are Ethoxylates & Propoxylates, THEIC, HQEE, Antioxidants, and Urea Formaldehyde Resin. Its specialty chemicals are used across a range of industries, such as wire insulation enamel, polyvinyl chloride stabilizers, inks, colors, coatings, textiles, agrochemicals, polymers, plastics, rubber, latex, tire and tubes, conveyor belts, lubricants, additives, and home care. It operates only in one segment namely Specialty Chemicals and generates its revenue from India.

Sunshield Chemicals (BOM:530845) Headlines

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