As of today (2026-07-06), the Forward Annual Dividend Yield of Paramount Communications is 0.00%.
As of today (2026-07-06), the Trailing Annual Dividend Yield of Paramount Communications is 0.00%.
NSE:PARACABLES's Forward Dividend Yield % is not ranked *
in the Hardware industry.
Industry Median: 1.585 * Ranked among companies with meaningful Forward Dividend Yield % only.
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.
Paramount Communications Forward Dividend Yield % Related Terms
NSE:PARACABLES vs CSCO, CIEN, MSI: Forward Dividend Yield % Comparison
For the Communication Equipment subindustry, Paramount Communications'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.
Paramount Communications Forward Dividend Yield % vs Hardware Industry
For the Hardware industry and Technology sector, Paramount Communications's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Paramount Communications's Forward Dividend Yield % falls into.
What does a Forward Dividend Yield % of 0.00% mean?
Paramount Communications (NSE:PARACABLES) has a Forward Dividend Yield % of 0.00% as of Jul. 06, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Paramount Communications and its competitors. According to the industry distribution chart, Paramount Communications ranks #999999 out of 1358 companies in the Hardware industry.
Is Paramount Communications' Forward Dividend Yield % too high?
Paramount Communications' current Forward Dividend Yield % is 0.00%. Based on the distribution chart, Paramount Communications ranks #999999 out of 1358 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Paramount Communications has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Paramount Communications' Forward Dividend Yield % compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Paramount Communications ranks #999999 out of 1358 companies for Forward Dividend Yield %. This places Paramount Communications in the lower half of its industry. The industry median Forward Dividend Yield % is 1.59. 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 Hardware company?
The median Forward Dividend Yield % among Hardware companies is 1.59, based on 1,358 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. 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 Paramount Communications and its competitors. For the Hardware industry, the median Forward Dividend Yield % is 1.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Paramount Communications's current Forward Dividend Yield % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paramount Communications stock overvalued right now?
Based on GuruFocus' analysis, Paramount Communications (NSE:PARACABLES) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹86.56, compared to a current price of ₹71.12 — trading 17.8% below its estimated fair value. The current Forward Dividend Yield % is 0.00%. Paramount Communications' overall GF Score™ is 88/100 with 7 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 Paramount Communications (NSE:PARACABLES), the current Forward Dividend Yield % is 0.00% as of Jul. 06, 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 Paramount Communications (NSE:PARACABLES) Overvalued in 2026?
Based on GuruFocus' analysis, Paramount Communications stock appears to be undervalued.
The current stock price of ₹71.12 is trading 17.8% below its estimated GF Value™ of ₹86.56.
GuruFocus considers Paramount Communications to be Modestly Undervalued.
Key valuation signals for NSE:PARACABLES:
Forward Dividend Yield %: 0.00%
GF Value™: ₹86.56 vs. price of ₹71.12 (17.8% below fair value)
No single metric tells the full story. See the NSE:PARACABLES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Paramount Communications Ltd is a wire and cable manufacturing company. Its product portfolio consists of low-voltage and high-voltage power cables, aerial bunch cables (ABC), control and instrumentation cables, thermocouple extension and compensating cables, fire performance cables, and others. Its products are used in the power, railways, telecom and information technology (IT), petrochemicals, construction, and defense industries. The company operates in a single business segment which is Wire and Cables comprising of power cables, telecom cables, railway cables and specialised cables.
88GF Score
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