During the past 3 years, the average Dividends Per Share Growth Rate was -31.90% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ester Industries was 58.70% per year. The lowest was -50.00% per year. And the median was -31.90% 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.
Ester Industries Forward Dividend Yield % Related Terms
NSE:ESTER vs LIN, SHW, ECL: Forward Dividend Yield % Comparison
For the Specialty Chemicals subindustry, Ester Industries'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.
Ester Industries Forward Dividend Yield % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Ester Industries's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Ester Industries's Forward Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Ester Industries Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
INR 0.600000
2025-09-19
2025-09-19
2025-10-24
Cash Dividend
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.
Ester Industries'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 0.67% mean?
Ester Industries (NSE:ESTER) has a Forward Dividend Yield % of 0.67% as of Jun. 28, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Ester Industries and its competitors. According to the industry distribution chart, Ester Industries ranks #770 out of 1026 companies in the Chemicals industry, placing it in the top 75%.
Is Ester Industries' Forward Dividend Yield % too high?
Ester Industries' current Forward Dividend Yield % is 0.67%. The Chemicals industry median Forward Dividend Yield % is 1.57. Ester Industries' value of 0.67% is 57.3% below this industry median. Based on the distribution chart, Ester Industries ranks #770 out of 1026 companies in the Chemicals industry, which is below the industry midpoint. Overall, Ester Industries has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ester Industries' Forward Dividend Yield % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Ester Industries ranks #770 out of 1026 companies for Forward Dividend Yield %. This places Ester Industries in the lower half of its industry. The industry median Forward Dividend Yield % is 1.57. Ester Industries' value of 0.67% is 57.3% 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 Chemicals company?
The median Forward Dividend Yield % among Chemicals companies is 1.57, based on 1,026 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. Ester Industries's current Forward Dividend Yield % of 0.67% is 57.3% 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 Ester Industries and its competitors. For the Chemicals industry, the median Forward Dividend Yield % is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ester Industries's current Forward Dividend Yield % is 0.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ester Industries stock overvalued right now?
Based on GuruFocus' analysis, Ester Industries (NSE:ESTER) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹116.53, compared to a current price of ₹89.84 — trading 22.9% below its estimated fair value. The current Forward Dividend Yield % is 0.67% and 57.3% below the Chemicals industry median of 1.57. Ester Industries' overall GF Score™ is 66/100 with 3 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 Ester Industries (NSE:ESTER), the current Forward Dividend Yield % is 0.67% as of Jun. 28, 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 Ester Industries (NSE:ESTER) Overvalued in 2026?
Based on GuruFocus' analysis, Ester Industries stock appears to be undervalued.
The current stock price of ₹89.84 is trading 22.9% below its estimated GF Value™ of ₹116.53.
GuruFocus considers Ester Industries to be Modestly Undervalued.
Key valuation signals for NSE:ESTER:
Forward Dividend Yield %: 0.67%
GF Value™: ₹116.53 vs. price of ₹89.84 (22.9% below fair value)
Industry Position: 57.3% below the Chemicals median (#770 of 1026)
No single metric tells the full story. See the NSE:ESTER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ester Industries Ltd is engaged in the manufacturing of polyester films, and specialty polymers. The company operates through segments namely Polyester chips and film and Speciality Polymers. The company generates maximum revenue from the Polyester chips and film segment. The Polyester chips and film segment is used in flexible packaging and other industrial applications. It serves food packaging; beverage packaging, home and personal care, industrial packaging, construction, automotive, electrical and electronics, carpet, and other industries. Geographically, the company derives a majority of its revenue from India.
66GF Score
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