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Smruthi Organics (BOM:540686) Forward Dividend Yield % : 1.23% (As of Jun. 24, 2024)


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What is Smruthi Organics Forward Dividend Yield %?

As of today (2024-06-24), the Forward Annual Dividend Yield of Smruthi Organics is 1.23%.

As of today (2024-06-24), the Trailing Annual Dividend Yield of Smruthi Organics is 1.23%.

BOM:540686's Forward Dividend Yield % is ranked worse than
67.41% of 491 companies
in the Drug Manufacturers industry
Industry Median: 1.91 vs BOM:540686: 1.23

Smruthi Organics's Dividends per Share for the three months ended in Mar. 2024 was ₹0.00.

During the past 12 months, Smruthi Organics's average Dividends Per Share Growth Rate was -33.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Smruthi Organics was 44.30% per year. The lowest was -26.30% per year. And the median was 18.50% 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 Smruthi Organics's Forward Dividend Yield %

For the Drug Manufacturers - Specialty & Generic subindustry, Smruthi Organics'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.


Smruthi Organics's Forward Dividend Yield % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Smruthi Organics's Forward Dividend Yield % distribution charts can be found below:

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



Smruthi Organics Forward Dividend Yield % Calculation

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

Smruthi Organics Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 2.0000002023-07-282023-07-292023-08-16Cash DividendannuallyINR: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.

Smruthi Organics's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2/162.20
=1.23 %

Current Share Price is ₹162.20.
Smruthi Organics's Dividends per Share for the forward twelve months is calculated as ₹2 * 1 = ₹2.

Smruthi Organics's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2/162.20
=1.23 %

Current Share Price is ₹162.20.
Smruthi Organics's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹2.

* 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.


Smruthi Organics  (BOM:540686) 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.


Smruthi Organics Forward Dividend Yield % Related Terms

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Smruthi Organics (BOM:540686) Business Description

Traded in Other Exchanges
N/A
Address
165-A, Balaji Bhavan, 1st Floor, Railway Lines, Solapur, MH, IND, 413 001
Smruthi Organics Ltd is engaged in the manufacture of bulk drugs and drug intermediates (API Products). The product portfolio includes Amlodipine Besilate, Amlodipine Base, S-Amlodipine Besilate, S-Amlodipine Base, Norfloxacin, Metformin HCI, Diloxanide Furoate, Phthaloyl Amlodipine, Pantoprazole Sodium, Pefloxacin Mesylate Dihydrate, Telmisartan, Losartan Potassium and many more. It has two segments Bulk Drugs and Drugs Intermediates (API) and Formulation. it generates the majority of its revenue from the Bulk Drugs and Drugs Intermediates (API) segment.

Smruthi Organics (BOM:540686) Headlines

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