During the past 12 months, Vardhman Special Steels's average Dividends Per Share Growth Rate was 50.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 19.70% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Vardhman Special Steels was 38.70% per year. The lowest was 19.70% per year. And the median was 29.20% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Vardhman Special Steels (NSE:VSSL) 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.
Vardhman Special Steels Forward Dividend Yield % Related Terms
NSE:VSSL vs NUE, STLD, RS: Forward Dividend Yield % Comparison
For the Steel subindustry, Vardhman Special Steels'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.
Vardhman Special Steels Forward Dividend Yield % vs Steel Industry
For the Steel industry and Basic Materials sector, Vardhman Special Steels's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Vardhman Special Steels's Forward Dividend Yield % falls into.
Vardhman Special Steels Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Vardhman Special Steels Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
INR 3.000000
2025-09-12
2025-09-13
2025-09-25
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.
* 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?
Vardhman Special Steels (NSE:VSSL) has a Forward Dividend Yield % of 1.05% as of Jun. 26, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Vardhman Special Steels and its competitors. According to the industry distribution chart, Vardhman Special Steels ranks #240 out of 310 companies in the Steel industry, placing it in the top 77.4%.
Is Vardhman Special Steels' Forward Dividend Yield % too high?
Vardhman Special Steels' current Forward Dividend Yield % is 1.05%. The Steel industry median Forward Dividend Yield % is 2.90. Vardhman Special Steels' value of 1.05% is 63.7% below this industry median. Based on the distribution chart, Vardhman Special Steels ranks #240 out of 310 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Vardhman Special Steels has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vardhman Special Steels' Forward Dividend Yield % compare to NUE and STLD?
According to the Steel industry distribution chart, Vardhman Special Steels ranks #240 out of 310 companies for Forward Dividend Yield %. This places Vardhman Special Steels in the lower half of its industry. The industry median Forward Dividend Yield % is 2.90. Vardhman Special Steels' value of 1.05% is 63.7% 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 310 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. Vardhman Special Steels's current Forward Dividend Yield % of 1.05% is 63.7% 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 Vardhman Special Steels 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. Vardhman Special Steels'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 Vardhman Special Steels stock overvalued right now?
Based on GuruFocus' analysis, Vardhman Special Steels (NSE:VSSL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹224.07, compared to a current price of ₹282.90 — trading 26.3% above its estimated fair value. The current Forward Dividend Yield % is 1.05% and 63.7% below the Steel industry median of 2.90. Vardhman Special Steels' overall GF Score™ is 75/100 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 Vardhman Special Steels (NSE:VSSL), the current Forward Dividend Yield % is 1.05% as of Jun. 26, 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 Vardhman Special Steels (NSE:VSSL) Overvalued in 2026?
Based on GuruFocus' analysis, Vardhman Special Steels stock appears to be overvalued.
The current stock price of ₹282.90 is trading 26.3% above its estimated GF Value™ of ₹224.07.
GuruFocus considers Vardhman Special Steels to be Modestly Overvalued.
Key valuation signals for NSE:VSSL:
Forward Dividend Yield %: 1.05%
GF Value™: ₹224.07 vs. price of ₹282.90 (26.3% above fair value)
Industry Position: 63.7% below the Steel median (#240 of 310)
No single metric tells the full story. See the NSE:VSSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vardhman Special Steels Ltd is engaged in manufacturing steel bars and rods. The company caters to diverse requirements of hot-rolled bars for Engineering, Automotive, Tractor, Bearing and Allied Industries. Its products include Carbon steel, Carbon manganese steel, Chrome steel, Chrome manganese steel, Chrome moly steel, Boron steel, Vanadium steel, and Ball bearing steel. The company manufactures products using techniques such as Steel melting, Rolling Mill, Heat treatment and Bright bar shop. It generates a majority of its revenue from the sale of black bars. The company's operations are mainly located within India and also has a presence outside India.
75GF Score
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