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Cochin Shipyard (NSE:COCHINSHIP) 3-Year Dividend Growth Rate : 6.70% (As of Dec. 2023)


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What is Cochin Shipyard 3-Year Dividend Growth Rate?

Cochin Shipyard's Dividends per Share for the three months ended in Dec. 2023 was ₹4.00.

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

NSE:COCHINSHIP' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 6.7   Med: 7.8   Max: 8.9
Current: 6.7

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Cochin Shipyard was 8.90% per year. The lowest was 6.70% per year. And the median was 7.80% per year.

NSE:COCHINSHIP's 3-Year Dividend Growth Rate is ranked worse than
62.5% of 72 companies
in the Aerospace & Defense industry
Industry Median: 10.1 vs NSE:COCHINSHIP: 6.70

During the past 12 months, Cochin Shipyard's average Dividends Per Share Growth Rate was 1.40% per year. During the past 3 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.

Cochin Shipyard's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.43. As of today, Cochin Shipyard's Dividend Yield % is 0.68%.

Warning Sign:

Cochin Shipyard Ltd stock dividend yield is close to 10-year low.

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


Competitive Comparison of Cochin Shipyard's 3-Year Dividend Growth Rate

For the Aerospace & Defense subindustry, Cochin Shipyard'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.


Cochin Shipyard's 3-Year Dividend Growth Rate Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Cochin Shipyard's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Cochin Shipyard's 3-Year Dividend Growth Rate falls into.



Cochin Shipyard 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.


Cochin Shipyard  (NSE:COCHINSHIP) 3-Year Dividend Growth Rate Explanation

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

Cochin Shipyard's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=4/ 9.29
=0.43

During the past 12 years, the highest Dividend Payout Ratio of Cochin Shipyard was 0.89. The lowest was 0.31. And the median was 0.39.

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

Cochin Shipyard Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 3.5000002024-02-122024-02-122024-02-27Cash DividendquarterlyINR:INR 1.000000
INR 4.0000002023-11-202023-11-202023-12-05Cash DividendquarterlyINR:INR 1.000000
INR 1.5000002023-09-212023-09-222023-10-26Cash DividendquarterlyINR: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.

Cochin Shipyard's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=9/1321.90
=0.68 %

Current Share Price is ₹1321.90.
Cochin Shipyard's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹9.

During the past 12 years, the highest Dividend Yield of Cochin Shipyard was 8.01%. The lowest was 0.67%. And the median was 3.70%.

Warning Sign:

Cochin Shipyard Ltd stock dividend yield is close to 10-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.


Cochin Shipyard 3-Year Dividend Growth Rate Related Terms>


Cochin Shipyard (NSE:COCHINSHIP) Business Description

Traded in Other Exchanges
Address
Administrative Building, Cochin Shipyard Premises, Perumanoor, Ernakulam, Kochi, KL, IND, 682 015
Cochin Shipyard Ltd is an Indian-based company engaged in the business activities of Shipbuilding and Ship repair. The company has two operating segments, namely, Shipbuilding and Repair of Ships/Offshore Structures. It generates maximum revenue from the Shipbuilding segment. The Shipbuilding segment offers products such as Oil Tankers, Bulk Carriers, Electric Passenger Ferries, Pax Vessels, Tugs, Aircraft Carriers, Pollution Control Vessels, and many more. The Ship repair segment includes maintenance and repair of all types of vessels including Tankers, Bulk Carriers, Aircraft Carriers, Defense Vessels, and all kinds of Commercial and Specialized vessels.

Cochin Shipyard (NSE:COCHINSHIP) Headlines

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