GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Gujarat Lease Financing Ltd (NSE:GLFL) » Definitions » Forward Dividend Yield %

Gujarat Lease Financing (NSE:GLFL) Forward Dividend Yield % : 0.00% (As of May. 20, 2024)


View and export this data going back to 1995. Start your Free Trial

What is Gujarat Lease Financing Forward Dividend Yield %?

As of today (2024-05-20), the Forward Annual Dividend Yield of Gujarat Lease Financing is 0.00%.

As of today (2024-05-20), the Trailing Annual Dividend Yield of Gujarat Lease Financing is 0.00%.

NSE:GLFL's Forward Dividend Yield % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 3.635
* Ranked among companies with meaningful Forward Dividend Yield % only.

Gujarat Lease Financing's Dividends per Share for the three months ended in Mar. 2024 was ₹0.00.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Gujarat Lease Financing's Forward Dividend Yield %

For the Shell Companies subindustry, Gujarat Lease Financing'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.


Gujarat Lease Financing's Forward Dividend Yield % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Gujarat Lease Financing's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Gujarat Lease Financing's Forward Dividend Yield % falls into.



Gujarat Lease Financing Forward Dividend Yield % Calculation

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


Gujarat Lease Financing  (NSE:GLFL) 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.


Gujarat Lease Financing Forward Dividend Yield % Related Terms

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


Gujarat Lease Financing (NSE:GLFL) Business Description

Traded in Other Exchanges
Address
6th Floor, Hasubhai Chambers, Opposite Town Hall, Ellisbridge, Ahmedabad, GJ, IND, 380 006
Gujarat Lease Financing Ltd is an India-based company. It was engaged in providing financial services. It discontinued all its operations.

Gujarat Lease Financing (NSE:GLFL) Headlines

No Headlines