GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Shree Ajit Pulp And Paper Ltd (BOM:538795) » Definitions » 3-Year Dividend Growth Rate

Shree Ajit Pulp And Paper (BOM:538795) 3-Year Dividend Growth Rate : 10.10% (As of Mar. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Shree Ajit Pulp And Paper 3-Year Dividend Growth Rate?

Shree Ajit Pulp And Paper's Dividends per Share for the three months ended in Mar. 2024 was ₹0.00.

The historical rank and industry rank for Shree Ajit Pulp And Paper's 3-Year Dividend Growth Rate or its related term are showing as below:

BOM:538795' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 10.1   Med: 14.5   Max: 26
Current: 10.1

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Shree Ajit Pulp And Paper was 26.00% per year. The lowest was 10.10% per year. And the median was 14.50% per year.

BOM:538795's 3-Year Dividend Growth Rate is ranked better than
50% of 110 companies
in the Forest Products industry
Industry Median: 10.1 vs BOM:538795: 10.10

During the past 3 years, the average Dividends Per Share Growth Rate was 10.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.90% 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.

Shree Ajit Pulp And Paper's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Shree Ajit Pulp And Paper's Dividend Yield % is 0.29%.

Warning Sign:

Shree Ajit Pulp And Paper Ltd stock dividend yield is close to 2-year low.

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


Competitive Comparison of Shree Ajit Pulp And Paper's 3-Year Dividend Growth Rate

For the Paper & Paper Products subindustry, Shree Ajit Pulp And Paper'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.


Shree Ajit Pulp And Paper's 3-Year Dividend Growth Rate Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Shree Ajit Pulp And Paper's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Shree Ajit Pulp And Paper's 3-Year Dividend Growth Rate falls into.



Shree Ajit Pulp And Paper 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.


Shree Ajit Pulp And Paper  (BOM:538795) 3-Year Dividend Growth Rate Explanation

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

Shree Ajit Pulp And Paper'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/ 3.19
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Shree Ajit Pulp And Paper was 0.07. The lowest was 0.02. And the median was 0.02.

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

Shree Ajit Pulp And Paper Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 0.6763362023-07-272023-07-282023-08-24Cash 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.

Shree Ajit Pulp And Paper's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.676336/236.70
=0.29 %

Current Share Price is ₹236.70.
Shree Ajit Pulp And Paper's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹0.676336.

During the past 13 years, the highest Dividend Yield of Shree Ajit Pulp And Paper was 0.76%. The lowest was 0.20%. And the median was 0.37%.

Warning Sign:

Shree Ajit Pulp And Paper Ltd stock dividend yield is close to 2-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.


Shree Ajit Pulp And Paper 3-Year Dividend Growth Rate Related Terms>


Shree Ajit Pulp And Paper (BOM:538795) Business Description

Traded in Other Exchanges
Address
Survey No 239, Village Salvav, 106,107,108P & 105P, Near Morai Railway Crossing, District Valsad, Vapi, GJ, IND, 396191
Shree Ajit Pulp And Paper Ltd is engaged in the manufacturing of kraft paper. The company operates through a single operating segment which is the manufacturing of kraft paper. The product includes multilayer test liner and test liner paper and is available in two shades which are natural and golden yellow. The kraft papers of the company are mainly used for making corrugated boxes, duplex cartons, and packaging material.

Shree Ajit Pulp And Paper (BOM:538795) Headlines

No Headlines