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Shiva TexyarnNSE:SHIVATEX +1.62%70 Forward Dividend Yield % is 0.37% as of Aug. 15, 2026. GuruFocus rates NSE:SHIVATEX with a GF Score™ of 70/100 and a GF Value™ of ₹178.04 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 522 Manufacturing - Apparel & Accessories companies, Shiva Texyarn ranks worse than 91.19% on this metric.
As of today (2026-08-15), the Forward Annual Dividend Yield of Shiva Texyarn is 0.37%.
As of today (2026-08-15), the Trailing Annual Dividend Yield of Shiva Texyarn is 0.37%.
NSE:SHIVATEX's Forward Dividend Yield % is ranked worse than 91.19% of 522
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.815
vs NSE:SHIVATEX: 0.37
During the past 3 years, the average Dividends Per Share Growth Rate was -24.60% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Shiva Texyarn was 17.00% per year. The lowest was -24.60% per year. And the median was 0.00% 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.
For the Textile Manufacturing subindustry, Shiva Texyarn'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.
Shiva Texyarn Forward Dividend Yield % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shiva Texyarn's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Shiva Texyarn's Forward Dividend Yield % falls into.
What does a Forward Dividend Yield % of 0.37% mean?
Shiva Texyarn (NSE:SHIVATEX) has a Forward Dividend Yield % of 0.37% as of Aug. 15, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Shiva Texyarn and its competitors. According to the industry distribution chart, Shiva Texyarn ranks #476 out of 522 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 91.2%.
Is Shiva Texyarn's Forward Dividend Yield % too high?
Shiva Texyarn's current Forward Dividend Yield % is 0.37%. The Manufacturing - Apparel & Accessories industry median Forward Dividend Yield % is 2.82. Shiva Texyarn's value of 0.37% is 86.9% below this industry median. Based on the distribution chart, Shiva Texyarn ranks #476 out of 522 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Shiva Texyarn has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shiva Texyarn's Forward Dividend Yield % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shiva Texyarn ranks #476 out of 522 companies for Forward Dividend Yield %. This places Shiva Texyarn in the lower half of its industry. The industry median Forward Dividend Yield % is 2.82. Shiva Texyarn's value of 0.37% is 86.9% 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 Manufacturing - Apparel & Accessories company?
The median Forward Dividend Yield % among Manufacturing - Apparel & Accessories companies is 2.82, based on 522 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. Shiva Texyarn's current Forward Dividend Yield % of 0.37% is 86.9% 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 Shiva Texyarn and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Forward Dividend Yield % is 2.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shiva Texyarn'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 Shiva Texyarn stock overvalued right now?
Based on GuruFocus' analysis, Shiva Texyarn (NSE:SHIVATEX) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹178.04, compared to a current price of ₹162.68 — trading 8.6% below its estimated fair value. The current Forward Dividend Yield % is 0.37% and 86.9% below the Manufacturing - Apparel & Accessories industry median of 2.82. Shiva Texyarn's overall GF Score™ is 70/100 with 2 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 Shiva Texyarn (NSE:SHIVATEX), the current Forward Dividend Yield % is 0.37% as of Aug. 15, 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 Shiva Texyarn (NSE:SHIVATEX) Overvalued in 2026?
Based on GuruFocus' analysis, Shiva Texyarn stock appears to be undervalued.
The current stock price of ₹162.68 is trading 8.6% below its estimated GF Value™ of ₹178.04.
GuruFocus considers Shiva Texyarn to be Modestly Undervalued.
Key valuation signals for NSE:SHIVATEX:
Forward Dividend Yield %: 0.37%
GF Value™: ₹178.04 vs. price of ₹162.68 (8.6% below fair value)
Industry Position: 86.9% below the Manufacturing - Apparel & Accessories median (#476 of 522)
No single metric tells the full story. See the NSE:SHIVATEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shiva Texyarn Ltd is engaged in the manufacturing of yarn and technical textile products like coated and laminated fabrics, garments, and other value-added products. The company's products are marketed through brands like Quick Dry, Quick Fit, Q Club, Stylfin, Paw Paw, and Indishape. Geographically, it derives maximum revenue from India, and also exports its products to other markets.
70GF Score
Get the complete analysis for NSE:SHIVATEX
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