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Atam Valves (BOM:543236) Forward Dividend Yield % : 0.73% (As of Jun. 25, 2024)


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What is Atam Valves Forward Dividend Yield %?

As of today (2024-06-25), the Forward Annual Dividend Yield of Atam Valves is 0.73%.

As of today (2024-06-25), the Trailing Annual Dividend Yield of Atam Valves is 0.73%.

BOM:543236's Forward Dividend Yield % is ranked worse than
80.41% of 1863 companies
in the Industrial Products industry
Industry Median: 1.98 vs BOM:543236: 0.73

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

During the past 12 months, Atam Valves's average Dividends Per Share Growth Rate was 50.00% 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 Atam Valves's Forward Dividend Yield %

For the Specialty Industrial Machinery subindustry, Atam Valves'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.


Atam Valves's Forward Dividend Yield % Distribution in the Industrial Products Industry

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

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



Atam Valves Forward Dividend Yield % Calculation

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

Atam Valves Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 1.5000002023-09-222023-09-232023-09-30Cash 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.

Atam Valves's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.5/205.90
=0.73 %

Current Share Price is ₹205.90.
Atam Valves's Dividends per Share for the forward twelve months is calculated as ₹1.5 * 1 = ₹1.5.

Atam Valves's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.5/205.90
=0.73 %

Current Share Price is ₹205.90.
Atam Valves's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹1.5.

* 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.


Atam Valves  (BOM:543236) 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.


Atam Valves Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Atam Valves's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Atam Valves (BOM:543236) Business Description

Traded in Other Exchanges
Address
1051, Industrial Area, Jalandhar, PB, IND, 144004
Atam Valves Ltd is engaged in the business of manufacturing bronze, cast iron, cast steel, carbon steel, stainless steel, forged steel as well as gun metal industrial valves of various types and sizes ranging from 8 mm up to 350 mm. It manufactures boiler mountings and supplies various types of valves and fittings, steam traps, and strainers. The company's products range includes Air Valves; Ball Valves; Butterfly Valves; Check Valves; Cocks; Foot Valves; Gate Valves; Globe Valves; Injectors; Moisture Separators; Needle Valves; Non Return Valves; Parallel Slide Blow Off Valves; Plug Valves; Pressure Reducing Valves; Safety Valves; Sight Indicators; Steam Stop Valves; Steam Traps; Strainers; Water Level Gauges; and Wheel Valves.

Atam Valves (BOM:543236) Headlines

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