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Steel Exchange India (BOM:534748) Forward Dividend Yield % : 0.00% (As of Sep. 26, 2024)


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What is Steel Exchange India Forward Dividend Yield %?

As of today (2024-09-26), the Forward Annual Dividend Yield of Steel Exchange India is 0.00%.

As of today (2024-09-26), the Trailing Annual Dividend Yield of Steel Exchange India is 0.00%.

BOM:534748's Forward Dividend Yield % is not ranked *
in the Steel industry.
Industry Median: 3.12
* Ranked among companies with meaningful Forward Dividend Yield % only.

Steel Exchange India's Dividends per Share for the three months ended in Jun. 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 Steel Exchange India's Forward Dividend Yield %

For the Steel subindustry, Steel Exchange India'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.


Steel Exchange India's Forward Dividend Yield % Distribution in the Steel Industry

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

* The bar in red indicates where Steel Exchange India's Forward Dividend Yield % falls into.



Steel Exchange India Forward Dividend Yield % Calculation

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


Steel Exchange India  (BOM:534748) 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.


Steel Exchange India Forward Dividend Yield % Related Terms

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Steel Exchange India Business Description

Traded in Other Exchanges
Address
Block A, Green City Towers, Near Apparel Export Park, Green City, Vadlapudi Post, Visakhapatnam, AP, IND, 530049
Steel Exchange India Ltd is engaged in the business of manufacturing and marketing iron and steel products. It operates in the Iron and Steel and Power segment. The division also deals with the products manufactured by the company namely TMT bars, Sponge Iron, and Steel billet, RINL (Vizag Steel) and is marketed in some of the coastal regions. The company also engages in the generation and sale of power to power traders. The company generates the majority of its revenue from the Iron and steel segment.

Steel Exchange India Headlines

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