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Jai Balaji Industries (BOM:532976) Forward Dividend Yield % : 0.00% (As of Dec. 13, 2024)


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What is Jai Balaji Industries Forward Dividend Yield %?

As of today (2024-12-13), the Forward Annual Dividend Yield of Jai Balaji Industries is 0.00%.

As of today (2024-12-13), the Trailing Annual Dividend Yield of Jai Balaji Industries is 0.00%.

BOM:532976's Forward Dividend Yield % is not ranked *
in the Steel industry.
Industry Median: 3.16
* Ranked among companies with meaningful Forward Dividend Yield % only.

Jai Balaji Industries's Dividends per Share for the three months ended in Sep. 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 Jai Balaji Industries's Forward Dividend Yield %

For the Steel subindustry, Jai Balaji Industries'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.


Jai Balaji Industries's Forward Dividend Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Jai Balaji Industries's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Jai Balaji Industries's Forward Dividend Yield % falls into.



Jai Balaji Industries Forward Dividend Yield % Calculation

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


Jai Balaji Industries  (BOM:532976) 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.


Jai Balaji Industries Forward Dividend Yield % Related Terms

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Jai Balaji Industries Business Description

Traded in Other Exchanges
Address
5, Bentinck Street, 1st Floor, Kolkata, WB, IND, 700 001
Jai Balaji Industries Ltd is an India-based iron and steel manufacturing company. It manufactures Sponge Iron, Pig Iron, Ductile Iron Pipe, Ferro Chrome, Billet, TMT, Coke, and Sinter. The company is engaged in a single reportable segment of Iron and Steel. Geographically, it has a business presence in India and also exports it to other countries, of which key revenue is derived from India.

Jai Balaji Industries Headlines

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