GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Vardhman Acrylics Ltd (NSE:VARDHACRLC) » Definitions » 3-Year Dividend Growth Rate

Vardhman Acrylics (NSE:VARDHACRLC) 3-Year Dividend Growth Rate : 0.00% (As of Sep. 2024)


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What is Vardhman Acrylics 3-Year Dividend Growth Rate?

Vardhman Acrylics's Dividends per Share for the three months ended in Sep. 2024 was ₹2.00.

The historical rank and industry rank for Vardhman Acrylics'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 Vardhman Acrylics was 132.10% per year. The lowest was -30.70% per year. And the median was 50.70% per year.

NSE:VARDHACRLC's 3-Year Dividend Growth Rate is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 15.4
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

During the past 12 months, Vardhman Acrylics's average Dividends Per Share Growth Rate was -20.00% 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.

Vardhman Acrylics's Dividend Payout Ratio for the three months ended in Sep. 2024 was 10.53. As of today, Vardhman Acrylics's Dividend Yield % is 3.49%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Vardhman Acrylics Ltd is 0.96, which seems too high.

Warning Sign:

Vardhman Acrylics Ltd stock dividend yield is close to 5-year low.

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


Competitive Comparison of Vardhman Acrylics's 3-Year Dividend Growth Rate

For the Textile Manufacturing subindustry, Vardhman Acrylics'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.


Vardhman Acrylics's 3-Year Dividend Growth Rate Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vardhman Acrylics's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Vardhman Acrylics 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.


Vardhman Acrylics  (NSE:VARDHACRLC) 3-Year Dividend Growth Rate Explanation

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

Vardhman Acrylics'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 )
=2/ 0.19
=10.53

During the past 13 years, the highest Dividend Payout Ratio of Vardhman Acrylics was 30.23. The lowest was 0.49. And the median was 1.38.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Vardhman Acrylics Ltd is 0.96, which seems too high.

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

Vardhman Acrylics Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 2.0000002024-09-062024-09-072024-09-20Cash 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.

Vardhman Acrylics's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2/57.83
=3.46 %

Current Share Price is ₹57.83.
Vardhman Acrylics's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹2.

During the past 13 years, the highest Dividend Yield of Vardhman Acrylics was 52.30%. The lowest was 2.48%. And the median was 5.00%.

Warning Sign:

Vardhman Acrylics 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.


Vardhman Acrylics 3-Year Dividend Growth Rate Related Terms>


Vardhman Acrylics Business Description

Traded in Other Exchanges
N/A
Address
Chandigarh Road, Vardhman Premises, Ludhiana, PB, IND, 141010
Vardhman Acrylics Ltd is engaged in manufacturing man-made fibers. The firm operates through the Acrylic Fibre and Tow segment having its manufacturing facility in Gujarat, India. Its products are widely used for the manufacture of winter wear such as sweaters, woolen fabric, technical textiles such as non-wovens and carpets, and others. Geographically, it generates the majority of its revenue within India.

Vardhman Acrylics Headlines

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