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Music Broadcast (BOM:540366) Forward Dividend Yield % : 0.00% (As of Apr. 30, 2024)


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What is Music Broadcast Forward Dividend Yield %?

As of today (2024-04-30), the Forward Annual Dividend Yield of Music Broadcast is 0.00%.

As of today (2024-04-30), the Trailing Annual Dividend Yield of Music Broadcast is 0.00%.

BOM:540366's Forward Dividend Yield % is not ranked *
in the Media - Diversified industry.
Industry Median: 3.37
* Ranked among companies with meaningful Forward Dividend Yield % only.

Music Broadcast's Dividends per Share for the three months ended in Dec. 2023 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 Music Broadcast's Forward Dividend Yield %

For the Broadcasting subindustry, Music Broadcast'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.


Music Broadcast's Forward Dividend Yield % Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Music Broadcast's Forward Dividend Yield % falls into.



Music Broadcast Forward Dividend Yield % Calculation

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


Music Broadcast  (BOM:540366) 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.


Music Broadcast Forward Dividend Yield % Related Terms

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Music Broadcast (BOM:540366) Business Description

Traded in Other Exchanges
Address
Off Western Express Highway, 5th Floor, RNA Corporate Park, Kalanagar, Bandra (East), Mumbai, MH, IND, 400 051
Music Broadcast Ltd is engaged in the business of operating Private FM Radio Stations through the brand Radio City. The Company is engaged in the business of radio broadcasting and other related activities under the 'Radio City' brand in India.

Music Broadcast (BOM:540366) Headlines

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