As of today (2024-09-23), the Forward Annual Dividend Yield of Tips Music is 1.25%.
As of today (2024-09-23), the Trailing Annual Dividend Yield of Tips Music is 1.03%.
BOM:532375's Forward Dividend Yield % is ranked worse than 79.6% of 397
companies
in the Media - Diversified industry
Industry Median: 3.62
vs BOM:532375: 1.25
During the past 12 months, Tips Music's average Dividends Per Share Growth Rate was 3150.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 251.20% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 94.30% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 23.10% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tips Music was 251.20% per year. The lowest was -21.90% per year. And the median was 16.70% 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 Tips Music's Forward Dividend Yield %
For the Entertainment subindustry, Tips Music'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.
Tips Music's Forward Dividend Yield % Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Tips Music's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Tips Music's Forward Dividend Yield % falls into.
Tips Music Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Tips Music Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
INR 2.000000
2024-08-01
2024-08-01
2024-08-09
Cash Dividend
semi-annually
INR:INR 1.000000
INR 3.000000
2024-02-01
2024-02-01
2024-02-16
Cash Dividend
quarterly
INR:INR 1.000000
INR 2.000000
2023-10-31
2023-10-31
2023-11-15
Cash Dividend
semi-annually
INR: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.
Tips Music's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
4
/
681.50
=
0.59 %
Current Share Price is ₹681.50. Tips Music's Dividends per Share for the forward twelve months is calculated as ₹2 * 2 = ₹4.
Tips Music's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
7
/
681.50
=
1.03 %
Current Share Price is ₹681.50. Tips Music's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹7.
* 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.
Tips Music (BOM:532375) 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.
Thank you for viewing the detailed overview of Tips Music's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
TIPS Industries Ltd operates in the media and entertainment industry. The principal business activities of the company include the production and distribution of cinematographic films and the exploitation of its content on various platforms. The company has structured its operations into the following business segments, Music (Audio/ Video); and Film Productions/Distribution. The majority of its revenue is derived from the Music (Audio/ Video) segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BOM:532375 has been successfully added to your