What is Rane Brake Linings Forward Dividend Yield %?
As of today (2024-05-20), the Forward Annual Dividend Yield of Rane Brake Linings is 3.23%.
As of today (2024-05-20), the Trailing Annual Dividend Yield of Rane Brake Linings is 2.69%.
BOM:532987's Forward Dividend Yield % is ranked better than 63.94% of 807
companies
in the Vehicles & Parts industry
Industry Median: 2.41
vs BOM:532987: 3.23
During the past 12 months, Rane Brake Linings's average Dividends Per Share Growth Rate was 25.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 31.50% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 12.40% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 18.70% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Rane Brake Linings was 50.40% per year. The lowest was -23.70% per year. And the median was 15.90% 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 Rane Brake Linings's Forward Dividend Yield %
For the Auto Parts subindustry, Rane Brake Linings'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.
Rane Brake Linings's Forward Dividend Yield % Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Rane Brake Linings's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Rane Brake Linings's Forward Dividend Yield % falls into.
Rane Brake Linings Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Rane Brake Linings Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
INR 25.000000
2023-07-17
2023-07-17
2023-08-03
Cash Dividend
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.
Rane Brake Linings's Forward Annual Dividend Yield (%) for Today is calculated as
* 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.
Rane Brake Linings (BOM:532987) 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.
Rane Brake Linings Forward Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Rane Brake Linings's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Rane Brake Linings (BOM:532987) Business Description
Rane Brake Linings Ltd manufactures and markets auto components. The company offers products such as brake linings, disc pads, clutch facings, clutch buttons, brake shoes and railway brake blocks for passenger cars, utility vehicles, commercial vehicles, two-wheelers, and railways. Geographically, it derives a majority of revenue from India and also has a presence in the Rest of the World. It is engaged in activities related to the manufacture and supply of auto components for the transportation industry.
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