Somi Conveyor Beltings (BOM:533001) Forward Dividend Yield % : 0.00% (As of Jun. 09, 2024)

Competitive Comparison of Somi Conveyor Beltings's Forward Dividend Yield %

For the Specialty Industrial Machinery subindustry, Somi Conveyor Beltings'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.

Somi Conveyor Beltings's Forward Dividend Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Somi Conveyor Beltings's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Somi Conveyor Beltings's Forward Dividend Yield % falls into.

Somi Conveyor Beltings Forward Dividend Yield % Calculation

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

Somi Conveyor Beltings  (BOM:533001) 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.

Somi Conveyor Beltings Forward Dividend Yield % Related Terms

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Somi Conveyor Beltings (BOM:533001) Business Description