During the past 12 months, Mishra Dhatu Nigam's average Dividends Per Share Growth Rate was 13.30% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -35.90% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -25.30% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Mishra Dhatu Nigam was 28.70% per year. The lowest was -38.00% per year. And the median was -6.00% 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.
Mishra Dhatu Nigam Forward Dividend Yield % Related Terms
NSE:MIDHANI vs NUE, STLD, RS: Forward Dividend Yield % Comparison
For the Steel subindustry, Mishra Dhatu Nigam'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.
Mishra Dhatu Nigam Forward Dividend Yield % vs Steel Industry
For the Steel industry and Basic Materials sector, Mishra Dhatu Nigam's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Mishra Dhatu Nigam's Forward Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Mishra Dhatu Nigam Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
INR 0.850000
2026-03-18
2026-03-19
2026-03-26
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.
Mishra Dhatu Nigam'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 0.37% mean?
Mishra Dhatu Nigam (NSE:MIDHANI) has a Forward Dividend Yield % of 0.37% as of Jul. 04, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Mishra Dhatu Nigam and its competitors. According to the industry distribution chart, Mishra Dhatu Nigam ranks #284 out of 309 companies in the Steel industry, placing it in the top 91.9%.
Is Mishra Dhatu Nigam's Forward Dividend Yield % too high?
Mishra Dhatu Nigam's current Forward Dividend Yield % is 0.37%. The Steel industry median Forward Dividend Yield % is 2.90. Mishra Dhatu Nigam's value of 0.37% is 87.2% below this industry median. Based on the distribution chart, Mishra Dhatu Nigam ranks #284 out of 309 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Mishra Dhatu Nigam has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mishra Dhatu Nigam's Forward Dividend Yield % compare to NUE and STLD?
According to the Steel industry distribution chart, Mishra Dhatu Nigam ranks #284 out of 309 companies for Forward Dividend Yield %. This places Mishra Dhatu Nigam in the lower half of its industry. The industry median Forward Dividend Yield % is 2.90. Mishra Dhatu Nigam's value of 0.37% is 87.2% 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 Steel company?
The median Forward Dividend Yield % among Steel companies is 2.90, based on 309 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. Mishra Dhatu Nigam's current Forward Dividend Yield % of 0.37% is 87.2% 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 Mishra Dhatu Nigam and its competitors. For the Steel industry, the median Forward Dividend Yield % is 2.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mishra Dhatu Nigam's current Forward Dividend Yield % is 0.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mishra Dhatu Nigam stock overvalued right now?
Based on GuruFocus' analysis, Mishra Dhatu Nigam (NSE:MIDHANI) is currently considered Fairly Valued. The stock's GF Value™ is ₹462.28, compared to a current price of ₹427.85 — trading 7.4% below its estimated fair value. The current Forward Dividend Yield % is 0.37% and 87.2% below the Steel industry median of 2.90. Mishra Dhatu Nigam's overall GF Score™ is 81/100 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 Mishra Dhatu Nigam (NSE:MIDHANI), the current Forward Dividend Yield % is 0.37% as of Jul. 04, 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 Mishra Dhatu Nigam (NSE:MIDHANI) Overvalued in 2026?
Based on GuruFocus' analysis, Mishra Dhatu Nigam stock appears to be undervalued.
The current stock price of ₹427.85 is trading 7.4% below its estimated GF Value™ of ₹462.28.
GuruFocus considers Mishra Dhatu Nigam to be Fairly Valued.
Key valuation signals for NSE:MIDHANI:
Forward Dividend Yield %: 0.37%
GF Value™: ₹462.28 vs. price of ₹427.85 (7.4% below fair value)
Industry Position: 87.2% below the Steel median (#284 of 309)
No single metric tells the full story. See the NSE:MIDHANI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mishra Dhatu Nigam Ltd is engaged in the business of manufacturing superalloys, titanium, special purpose steel, and other special metals. Its product portfolio includes titanium and titanium alloys, special steel, fasteners, investment castings, open-die forgings, and others. Geographically, the company caters to both Indian and international markets, of which, a majority of its revenue is derived from its business in India.
81GF Score
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