GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Solitaire Machine Tools Ltd (BOM:522152) » Definitions » 3-Year Dividend Growth Rate

Solitaire Machine Tools (BOM:522152) 3-Year Dividend Growth Rate : 26.00% (As of Mar. 2024)


View and export this data going back to 1993. Start your Free Trial

What is Solitaire Machine Tools 3-Year Dividend Growth Rate?

Solitaire Machine Tools's Dividends per Share for the three months ended in Mar. 2024 was ₹0.00.

The historical rank and industry rank for Solitaire Machine Tools's 3-Year Dividend Growth Rate or its related term are showing as below:

BOM:522152' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -20.6   Med: 3.2   Max: 35.7
Current: 26

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Solitaire Machine Tools was 35.70% per year. The lowest was -20.60% per year. And the median was 3.20% per year.

BOM:522152's 3-Year Dividend Growth Rate is ranked better than
74.51% of 1079 companies
in the Industrial Products industry
Industry Median: 13 vs BOM:522152: 26.00

During the past 12 months, Solitaire Machine Tools's average Dividends Per Share Growth Rate was 25.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 26.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Solitaire Machine Tools's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Solitaire Machine Tools's Dividend Yield % is 1.43%.

Warning Sign:

Solitaire Machine Tools Ltd stock dividend yield is close to 5-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Solitaire Machine Tools's 3-Year Dividend Growth Rate

For the Tools & Accessories subindustry, Solitaire Machine Tools's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


Solitaire Machine Tools's 3-Year Dividend Growth Rate Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Solitaire Machine Tools's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Solitaire Machine Tools's 3-Year Dividend Growth Rate falls into.



Solitaire Machine Tools 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Solitaire Machine Tools  (BOM:522152) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Solitaire Machine Tools's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0/ 1.46
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Solitaire Machine Tools was 0.76. The lowest was 0.24. And the median was 0.33.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Solitaire Machine Tools Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 1.5000002023-06-222023-06-230000-00-00Cash DividendannuallyINR: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.

Solitaire Machine Tools's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.5/107.78
=1.39 %

Current Share Price is ₹107.78.
Solitaire Machine Tools's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹1.5.

During the past 13 years, the highest Dividend Yield of Solitaire Machine Tools was 12.47%. The lowest was 1.10%. And the median was 3.25%.

Warning Sign:

Solitaire Machine Tools Ltd stock dividend yield is close to 5-year low.

* 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.


Solitaire Machine Tools 3-Year Dividend Growth Rate Related Terms>


Solitaire Machine Tools (BOM:522152) Business Description

Traded in Other Exchanges
N/A
Address
A-24/25, Krishna Industrial Estate, Gorwa, Vadodara, GJ, IND, 390016
Solitaire Machine Tools Ltd manufactures precision centerless grinders. The company has one reportable segment namely Centerless Grinding Machine & Spares parts & Accessories. The firm also offers CNC products, including precision servo infeed attachments, servo drives for regulating wheels, two-axis CNC grinding wheel dressers, and diamond roll dressers for grinding wheels, as well as two, three, four, and five-axis CNC grinder controls. The company also provides remanufacturing and CNC retrofitting services for grinders. Its centerless grinders are used in the industry like an automobile, automobile ancillaries, textiles machinery, steel industry, and bearing industry.

Solitaire Machine Tools (BOM:522152) Headlines

No Headlines