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Styrenix Performance Materials (NSE:STYRENIX) 3-Year Dividend Growth Rate : 0.00% (As of Sep. 2024)


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What is Styrenix Performance Materials 3-Year Dividend Growth Rate?

Styrenix Performance Materials's Dividends per Share for the three months ended in Sep. 2024 was ₹28.00.

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

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Styrenix Performance Materials was 352.30% per year. The lowest was -20.60% per year. And the median was 8.20% per year.

NSE:STYRENIX's 3-Year Dividend Growth Rate is not ranked *
in the Chemicals industry.
Industry Median: 11.6
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

During the past 12 months, Styrenix Performance Materials's average Dividends Per Share Growth Rate was -5.80% 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.

Styrenix Performance Materials's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.70. As of today, Styrenix Performance Materials's Dividend Yield % is 2.53%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Styrenix Performance Materials Ltd is 0.80, which seems too high.

Warning Sign:

Styrenix Performance Materials Ltd stock dividend yield is close to 2-year low.

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


Competitive Comparison of Styrenix Performance Materials's 3-Year Dividend Growth Rate

For the Chemicals subindustry, Styrenix Performance Materials'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.


Styrenix Performance Materials's 3-Year Dividend Growth Rate Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Styrenix Performance Materials's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Styrenix Performance Materials's 3-Year Dividend Growth Rate falls into.



Styrenix Performance Materials 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.


Styrenix Performance Materials  (NSE:STYRENIX) 3-Year Dividend Growth Rate Explanation

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

Styrenix Performance Materials's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=28/ 39.86
=0.70

During the past 13 years, the highest Dividend Payout Ratio of Styrenix Performance Materials was 1.82. The lowest was 0.05. And the median was 0.16.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Styrenix Performance Materials Ltd is 0.80, which seems too high.

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

Styrenix Performance Materials Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 28.0000002024-08-122024-08-122024-08-29Cash DividendquarterlyINR:INR 1.000000
INR 48.0000002024-02-122024-02-120000-00-00Cash 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.

Styrenix Performance Materials's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=76/3009.40
=2.53 %

Current Share Price is ₹3009.40.
Styrenix Performance Materials's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹76.

During the past 13 years, the highest Dividend Yield of Styrenix Performance Materials was 25.90%. The lowest was 0.24%. And the median was 0.67%.

Warning Sign:

Styrenix Performance Materials 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.


Styrenix Performance Materials 3-Year Dividend Growth Rate Related Terms>


Styrenix Performance Materials Business Description

Traded in Other Exchanges
Address
Dr. Vikram Sarabhai Marg, 9th Floor, “Shiva”, Sarabhai Complex, Vadiwadi, Vadodara, GJ, IND, 390023
Styrenix Performance Materials Ltd is a producer of Absolac (ABS) and Absolan (SAN) in India. ABS is a plastic resin produced from acrylonitrile, butadiene, and styrene, used for manufacturing home appliances, automobiles, consumer durables, and machinery. Absolan(SAN) is a polymerized plastic resin produced from styrene and acrylonitrile and is mainly used for products such as lighting, stationery, novelties, refrigerators, and cosmetic packing. The company operates in two segments namely Specialties and Polystyrene. Specialties include ABS and SAN. All the business activities of the firm functioned throughout the region of India.

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