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.
Prakash Industries Forward Dividend Yield % Related Terms
NSE:PRAKASH vs NUE, STLD, RS: Forward Dividend Yield % Comparison
For the Steel subindustry, Prakash 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.
Prakash Industries Forward Dividend Yield % vs Steel Industry
For the Steel industry and Basic Materials sector, Prakash Industries's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Prakash 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.
Prakash Industries Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
INR 1.500000
2025-09-17
2025-09-17
2025-10-07
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.
Prakash 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 1.05% mean?
Prakash Industries (NSE:PRAKASH) has a Forward Dividend Yield % of 1.05% as of Jun. 29, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Prakash Industries and its competitors. According to the industry distribution chart, Prakash Industries ranks #240 out of 309 companies in the Steel industry, placing it in the top 77.7%.
Is Prakash Industries' Forward Dividend Yield % too high?
Prakash Industries' current Forward Dividend Yield % is 1.05%. The Steel industry median Forward Dividend Yield % is 2.94. Prakash Industries' value of 1.05% is 64.3% below this industry median. Based on the distribution chart, Prakash Industries ranks #240 out of 309 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Prakash Industries has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Prakash Industries' Forward Dividend Yield % compare to NUE and STLD?
According to the Steel industry distribution chart, Prakash Industries ranks #240 out of 309 companies for Forward Dividend Yield %. This places Prakash Industries in the lower half of its industry. The industry median Forward Dividend Yield % is 2.94. Prakash Industries' value of 1.05% is 64.3% 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 Steel company?
The median Forward Dividend Yield % among Steel companies is 2.94, 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. Prakash Industries's current Forward Dividend Yield % of 1.05% is 64.3% 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 Prakash Industries and its competitors. For the Steel industry, the median Forward Dividend Yield % is 2.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prakash Industries's current Forward Dividend Yield % is 1.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prakash Industries stock overvalued right now?
Based on GuruFocus' analysis, Prakash Industries (NSE:PRAKASH) is currently considered Fairly Valued. The stock's GF Value™ is ₹145.19, compared to a current price of ₹142.97 — trading 1.5% below its estimated fair value. The current Forward Dividend Yield % is 1.05% and 64.3% below the Steel industry median of 2.94. Prakash Industries' overall GF Score™ is 78/100 with 6 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 Prakash Industries (NSE:PRAKASH), the current Forward Dividend Yield % is 1.05% as of Jun. 29, 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 Prakash Industries (NSE:PRAKASH) Overvalued in 2026?
Based on GuruFocus' analysis, Prakash Industries stock appears to be undervalued.
The current stock price of ₹142.97 is trading 1.5% below its estimated GF Value™ of ₹145.19.
GuruFocus considers Prakash Industries to be Fairly Valued.
Key valuation signals for NSE:PRAKASH:
Forward Dividend Yield %: 1.05%
GF Value™: ₹145.19 vs. price of ₹142.97 (1.5% below fair value)
Industry Position: 64.3% below the Steel median (#240 of 309)
No single metric tells the full story. See the NSE:PRAKASH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Prakash Industries Ltd is an integrated steel and power company, specializing in the manufacturing and sale of high-quality iron and steel products such as sponge iron, wire rods, TMT bars, and ferroalloys. The company operates an integrated steel plant in Chhattisgarh, utilizing cutting-edge coal-based sponge iron production techniques. Additionally, the company has forward integration with facilities producing value-added steel products and operates a captive power generation plant, making it self-reliant in energy needs. Focused on innovation, cost efficiency, and sustainable growth, the company delivers competitive products while expanding its footprint across India's steel and power sectors.
78GF Score
Get the complete analysis for NSE:PRAKASH
Forward Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:PRAKASH has been successfully added to your 