As of today (2026-06-27), the Forward Annual Dividend Yield of Elecon Engineering Co is 0.38%.
As of today (2026-06-27), the Trailing Annual Dividend Yield of Elecon Engineering Co is 0.38%.
NSE:ELECON's Forward Dividend Yield % is ranked worse than 83.36% of 1857
companies
in the Industrial Products industry
Industry Median: 1.49
vs NSE:ELECON: 0.38
During the past 12 months, Elecon Engineering Co's average Dividends Per Share Growth Rate was 33.30% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 58.70% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Elecon Engineering Co was 95.70% per year. The lowest was -43.30% per year. And the median was 4.75% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Elecon Engineering Co (NSE:ELECON) 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.
Elecon Engineering Co Forward Dividend Yield % Related Terms
NSE:ELECON vs GEV, ETN, PH: Forward Dividend Yield % Comparison
For the Specialty Industrial Machinery subindustry, Elecon Engineering Co'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.
Elecon Engineering Co Forward Dividend Yield % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Elecon Engineering Co's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Elecon Engineering Co's Forward Dividend Yield % falls into.
Elecon Engineering Co Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Elecon Engineering Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
INR 1.500000
2026-06-12
2026-06-12
2026-06-30
Cash Dividend
semi-annually
INR:INR 1.000000
INR 0.500000
2025-10-16
2025-10-16
2025-11-03
Cash Dividend
semi-annually
INR: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.
Elecon Engineering Co's Forward Annual Dividend Yield (%) for Today is calculated as
* 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.
What does a Forward Dividend Yield % of 0.38% mean?
Elecon Engineering Co (NSE:ELECON) has a Forward Dividend Yield % of 0.38% as of Jun. 27, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Elecon Engineering Co and its competitors. According to the industry distribution chart, Elecon Engineering Co ranks #1548 out of 1857 companies in the Industrial Products industry, placing it in the top 83.4%.
Is Elecon Engineering Co's Forward Dividend Yield % too high?
Elecon Engineering Co's current Forward Dividend Yield % is 0.38%. The Industrial Products industry median Forward Dividend Yield % is 1.49. Elecon Engineering Co's value of 0.38% is 74.5% below this industry median. Based on the distribution chart, Elecon Engineering Co ranks #1548 out of 1857 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Elecon Engineering Co has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elecon Engineering Co's Forward Dividend Yield % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Elecon Engineering Co ranks #1548 out of 1857 companies for Forward Dividend Yield %. This places Elecon Engineering Co in the lower half of its industry. The industry median Forward Dividend Yield % is 1.49. Elecon Engineering Co's value of 0.38% is 74.5% 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 an Industrial Products company?
The median Forward Dividend Yield % among Industrial Products companies is 1.49, based on 1,857 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. Elecon Engineering Co's current Forward Dividend Yield % of 0.38% is 74.5% 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 Elecon Engineering Co and its competitors. For the Industrial Products industry, the median Forward Dividend Yield % is 1.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elecon Engineering Co's current Forward Dividend Yield % is 0.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elecon Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Elecon Engineering Co (NSE:ELECON) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹644.21, compared to a current price of ₹522.20 — trading 18.9% below its estimated fair value. The current Forward Dividend Yield % is 0.38% and 74.5% below the Industrial Products industry median of 1.49. Elecon Engineering Co's overall GF Score™ is 95/100 with 5 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 Elecon Engineering Co (NSE:ELECON), the current Forward Dividend Yield % is 0.38% as of Jun. 27, 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 Elecon Engineering Co (NSE:ELECON) Overvalued in 2026?
Based on GuruFocus' analysis, Elecon Engineering Co stock appears to be undervalued.
The current stock price of ₹522.20 is trading 18.9% below its estimated GF Value™ of ₹644.21.
GuruFocus considers Elecon Engineering Co to be Modestly Undervalued.
Key valuation signals for NSE:ELECON:
Forward Dividend Yield %: 0.38%
GF Value™: ₹644.21 vs. price of ₹522.20 (18.9% below fair value)
Industry Position: 74.5% below the Industrial Products median (#1548 of 1857)
No single metric tells the full story. See the NSE:ELECON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elecon Engineering Co Ltd is an India-based company engaged in the manufacturing of material handling equipment and industrial gears. It operates through two segments, namely, the Material Handling Equipment segment, which engages in the manufacturing of raw material handling systems, stackers, reclaimers, bagging and weighing machines, wagon and truck loaders, crushers, wagon tipplers, feeders, and port equipment; and Transmission Equipment segment, which manufactures material transmission equipment like gearboxes, couplings, and elevator traction machines. It generates maximum revenue from transmission equipment sales. The group has a business presence in India and Outside India.
95GF Score
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Forward Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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