During the past 12 months, Usha Martin's average Dividends Per Share Growth Rate was 9.10% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 14.50% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Usha Martin was 71.00% per year. The lowest was -46.90% per year. And the median was -12.60% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Usha Martin (NSE:USHAMART) 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.
Usha Martin Forward Dividend Yield % Related Terms
NSE:USHAMART vs NUE, STLD, RS: Forward Dividend Yield % Comparison
For the Steel subindustry, Usha Martin'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.
Usha Martin Forward Dividend Yield % vs Steel Industry
For the Steel industry and Basic Materials sector, Usha Martin's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Usha Martin's Forward Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Usha Martin Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
INR 3.000000
2025-07-31
2025-07-31
2025-08-13
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.
Usha Martin's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
3
/
473.10
=
0.63 %
Current Share Price is ₹473.10. Usha Martin's Dividends per Share for the forward twelve months is calculated as ₹3 * 1 = ₹3.
Usha Martin's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
3
/
473.10
=
0.63 %
Current Share Price is ₹473.10. Usha Martin's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹3.
* 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 0.63% mean?
Usha Martin (NSE:USHAMART) has a Forward Dividend Yield % of 0.63% as of Jun. 27, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Usha Martin and its competitors. According to the industry distribution chart, Usha Martin ranks #264 out of 309 companies in the Steel industry, placing it in the top 85.4%.
Is Usha Martin's Forward Dividend Yield % too high?
Usha Martin's current Forward Dividend Yield % is 0.63%. The Steel industry median Forward Dividend Yield % is 2.87. Usha Martin's value of 0.63% is 78% below this industry median. Based on the distribution chart, Usha Martin ranks #264 out of 309 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Usha Martin has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Usha Martin's Forward Dividend Yield % compare to NUE and STLD?
According to the Steel industry distribution chart, Usha Martin ranks #264 out of 309 companies for Forward Dividend Yield %. This places Usha Martin in the lower half of its industry. The industry median Forward Dividend Yield % is 2.87. Usha Martin's value of 0.63% is 78% 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 2.87, 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. Usha Martin's current Forward Dividend Yield % of 0.63% is 78% 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 Usha Martin and its competitors. For the Steel industry, the median Forward Dividend Yield % is 2.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Usha Martin's current Forward Dividend Yield % is 0.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Usha Martin stock overvalued right now?
Based on GuruFocus' analysis, Usha Martin (NSE:USHAMART) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹418.33, compared to a current price of ₹473.10 — trading 13.1% above its estimated fair value. The current Forward Dividend Yield % is 0.63% and 78% below the Steel industry median of 2.87. Usha Martin's overall GF Score™ is 79/100 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 Usha Martin (NSE:USHAMART), the current Forward Dividend Yield % is 0.63% as of Jun. 27, 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 Usha Martin (NSE:USHAMART) Overvalued in 2026?
Based on GuruFocus' analysis, Usha Martin stock appears to be overvalued.
The current stock price of ₹473.10 is trading 13.1% above its estimated GF Value™ of ₹418.33.
GuruFocus considers Usha Martin to be Modestly Overvalued.
Key valuation signals for NSE:USHAMART:
Forward Dividend Yield %: 0.63%
GF Value™: ₹418.33 vs. price of ₹473.10 (13.1% above fair value)
Industry Position: 78% below the Steel median (#264 of 309)
No single metric tells the full story. See the NSE:USHAMART stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Usha Martin Ltd is engaged in the business of the production of wire rope. The company's operating segment includes Wire and wire ropes and others. It generates maximum revenue from the Wire and wire ropes segment. The wire and wire ropes segment manufactures and sells steel wires, strands, wire ropes, cords, related accessories, and others. Its Others segment includes the manufacturing and selling of wire drawing and allied machines and corporate office. Geographically, it derives a majority of revenue from India and also has its presence outside India.
79GF Score
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