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Sun TV Network (BOM:532733) Forward Dividend Yield % : 2.48% (As of May. 19, 2024)


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What is Sun TV Network Forward Dividend Yield %?

As of today (2024-05-19), the Forward Annual Dividend Yield of Sun TV Network is 2.48%.

As of today (2024-05-19), the Trailing Annual Dividend Yield of Sun TV Network is 2.48%.

BOM:532733's Forward Dividend Yield % is ranked worse than
60.05% of 388 companies
in the Media - Diversified industry
Industry Median: 3.325 vs BOM:532733: 2.48

Sun TV Network's Dividends per Share for the three months ended in Dec. 2023 was ₹5.00.

During the past 12 months, Sun TV Network's average Dividends Per Share Growth Rate was 7.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Sun TV Network was 48.90% per year. The lowest was -13.60% per year. And the median was 3.95% 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 Sun TV Network's Forward Dividend Yield %

For the Broadcasting subindustry, Sun TV Network'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.


Sun TV Network's Forward Dividend Yield % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Sun TV Network's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Sun TV Network's Forward Dividend Yield % falls into.



Sun TV Network Forward Dividend Yield % Calculation

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

Sun TV Network Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 3.0000002024-04-082024-04-082024-04-18Cash DividendquarterlyINR:INR 1.000000
INR 2.5000002024-02-232024-02-232024-03-05Cash DividendquarterlyINR:INR 1.000000
INR 5.0000002023-11-212023-11-212023-11-30Cash DividendquarterlyINR:INR 1.000000
INR 6.2500002023-08-222023-08-222023-08-29Cash DividendquarterlyINR: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.

Sun TV Network's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=12/674.25
=1.78 %

Current Share Price is ₹674.25.
Sun TV Network's Dividends per Share for the forward twelve months is calculated as ₹3 * 4 = ₹12.

Sun TV Network's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=16.75/674.25
=2.48 %

Current Share Price is ₹674.25.
Sun TV Network's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹16.75.

* 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.


Sun TV Network  (BOM:532733) 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.


Sun TV Network Forward Dividend Yield % Related Terms

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Sun TV Network (BOM:532733) Business Description

Traded in Other Exchanges
Address
73, MRC Nagar Main Road, Murasoli Maran Towers, MRC Nagar, Chennai, TN, IND, 600028
Sun TV Network Ltd is a media and entertainment company. The group owns and operates a series of television networks across four languages in the news, music, action, life, movies, kids, and comedy genres. It also airs FM stations in several Indian languages. Its business activities are reported under a single segment being Broadcasting. The company generates revenues from advertising, broadcasting fees, International subscriptions, other subscriptions, movie distribution, and content trading. Geographically, the group is focused on the Indian market with few operations outside India.

Sun TV Network (BOM:532733) Headlines

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