During the past 12 months, Ceranitaryware's average Dividends Per Share Growth Rate was 8.30% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 48.10% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ceranitaryware was 66.50% per year. The lowest was -8.40% per year. And the median was 31.50% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
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.
Ceranitaryware Forward Dividend Yield % Related Terms
NSE:CERA vs TT, JCI, CARR: Forward Dividend Yield % Comparison
For the Building Products & Equipment subindustry, Ceranitaryware'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.
Ceranitaryware Forward Dividend Yield % vs Construction Industry
For the Construction industry and Industrials sector, Ceranitaryware's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Ceranitaryware's Forward Dividend Yield % falls into.
What does a Forward Dividend Yield % of 1.16% mean?
Ceranitaryware (NSE:CERA) has a Forward Dividend Yield % of 1.16% as of Jul. 02, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Ceranitaryware and its competitors. According to the industry distribution chart, Ceranitaryware ranks #791 out of 996 companies in the Construction industry, placing it in the top 79.4%.
Is Ceranitaryware's Forward Dividend Yield % too high?
Ceranitaryware's current Forward Dividend Yield % is 1.16%. The Construction industry median Forward Dividend Yield % is 2.97. Ceranitaryware's value of 1.16% is 60.9% below this industry median. Based on the distribution chart, Ceranitaryware ranks #791 out of 996 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Ceranitaryware has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ceranitaryware's Forward Dividend Yield % compare to TT and JCI?
According to the Construction industry distribution chart, Ceranitaryware ranks #791 out of 996 companies for Forward Dividend Yield %. This places Ceranitaryware in the lower half of its industry. The industry median Forward Dividend Yield % is 2.97. Ceranitaryware's value of 1.16% is 60.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for a Construction company?
The median Forward Dividend Yield % among Construction companies is 2.97, based on 996 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ceranitaryware's current Forward Dividend Yield % of 1.16% is 60.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Ceranitaryware and its competitors. For the Construction industry, the median Forward Dividend Yield % is 2.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ceranitaryware's current Forward Dividend Yield % is 1.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ceranitaryware stock overvalued right now?
Based on GuruFocus' analysis, Ceranitaryware (NSE:CERA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹7,928.44, compared to a current price of ₹6,441.00 — trading 18.8% below its estimated fair value. The current Forward Dividend Yield % is 1.16% and 60.9% below the Construction industry median of 2.97. Ceranitaryware's overall GF Score™ is 87/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For Ceranitaryware (NSE:CERA), the current Forward Dividend Yield % is 1.16% as of Jul. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ceranitaryware (NSE:CERA) Overvalued in 2026?
Based on GuruFocus' analysis, Ceranitaryware stock appears to be undervalued.
The current stock price of ₹6,441.00 is trading 18.8% below its estimated GF Value™ of ₹7,928.44.
GuruFocus considers Ceranitaryware to be Modestly Undervalued.
Key valuation signals for NSE:CERA:
Forward Dividend Yield %: 1.16%
GF Value™: ₹7,928.44 vs. price of ₹6,441.00 (18.8% below fair value)
Industry Position: 60.9% below the Construction median (#791 of 996)
No single metric tells the full story. See the NSE:CERA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cera Sanitaryware Ltd manufactures, markets, and distributes building products. Some of its products include wash basins, flushing systems, bath accessories, quarter turn, overhead showers, health faucets, bathroom allied products, bathroom accessories, mirrors, and others. Geographically the company has operations only in India.
87GF Score
Get the complete analysis for NSE:CERA
Forward Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:CERA has been successfully added to your 