What is Indraprastha Gas Forward Dividend Yield %?
As of today (2024-04-24), the Forward Annual Dividend Yield of Indraprastha Gas is 3.13%.
As of today (2024-04-24), the Trailing Annual Dividend Yield of Indraprastha Gas is 3.13%.
BOM:532514's Forward Dividend Yield % is ranked worse than 64.08% of 426
companies
in the Utilities - Regulated industry
Industry Median: 4.14
vs BOM:532514: 3.13
Indraprastha Gas's Dividends per Share for the
three
months ended in Dec. 2023 was ₹4.00.
During the past 12 months, Indraprastha Gas's average Dividends Per Share Growth Rate was 209.10% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 52.40% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 43.40% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 19.60% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Indraprastha Gas was 52.40% per year. The lowest was -3.10% per year. And the median was 15.75% 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 Indraprastha Gas's Forward Dividend Yield %
For the Utilities - Regulated Gas subindustry, Indraprastha Gas'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.
Indraprastha Gas's Forward Dividend Yield % Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Indraprastha Gas's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Indraprastha Gas's Forward Dividend Yield % falls into.
Indraprastha Gas Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Indraprastha Gas Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
INR 4.000
2023-11-15
2023-11-15
2023-11-28
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.
Indraprastha Gas's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
8
/
453.00
=
1.77 %
Current Share Price is ₹453.00.
Indraprastha Gas's Dividends per Share for the forward twelve months is calculated as ₹4 * 2 = ₹8.
Indraprastha Gas's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
4
/
453.00
=
0.88 %
Current Share Price is ₹453.00.
Indraprastha Gas's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹4.
* 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.
Indraprastha Gas (BOM:532514) 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.
Indraprastha Gas Forward Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Indraprastha Gas's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Indraprastha Gas (BOM:532514) Business Description
Indraprastha Gas Ltd, or IGL, is an Indian utility company that derives nearly all of its revenue from the sale of natural gas. IGL supplies compressed natural gas (CNG) to the transport sector and piped natural gas (PNG) to domestic, industrial, and commercial sector customers. Most of the natural gas sold by IGL is in the form of compressed natural gas. CNG is an alternative to fossil fuels that is distributed from IGL's portfolio of fueling stations to power a variety of vehicles. The vast majority of these CNG stations are located in the Delhi and National Capital Regions. IGL distributes a significant amount of natural gas through its network of pipelines in Delhi and the National Capital Region, as well. The customers served by IGL's PNG business are primarily residential consumers.
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