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Venus Pipes & Tubes (NSE:VENUSPIPES) 3-Year Dividend Growth Rate : 0.00% (As of Dec. 2024)


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What is Venus Pipes & Tubes 3-Year Dividend Growth Rate?

Venus Pipes & Tubes's Dividends per Share for the three months ended in Dec. 2024 was ₹0.50.

The historical rank and industry rank for Venus Pipes & Tubes's 3-Year Dividend Growth Rate or its related term are showing as below:

NSE:VENUSPIPES's 3-Year Dividend Growth Rate is not ranked *
in the Steel industry.
Industry Median: 11.15
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

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.

Venus Pipes & Tubes's Dividend Payout Ratio for the three months ended in Dec. 2024 was 0.06. As of today, Venus Pipes & Tubes's Dividend Yield % is 0.08%.

Good Sign:

Venus Pipes & Tubes Ltd stock Dividend Yield % is close to 3-year high.

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


Competitive Comparison of Venus Pipes & Tubes's 3-Year Dividend Growth Rate

For the Steel subindustry, Venus Pipes & Tubes'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.


Venus Pipes & Tubes's 3-Year Dividend Growth Rate Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Venus Pipes & Tubes's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Venus Pipes & Tubes's 3-Year Dividend Growth Rate falls into.


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Venus Pipes & Tubes 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.


Venus Pipes & Tubes  (NSE:VENUSPIPES) 3-Year Dividend Growth Rate Explanation

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

Venus Pipes & Tubes's Dividend Payout Ratio for the quarter that ended in Dec. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2024 )/ EPS without NRI (Q: Dec. 2024 )
=0.5/ 8.8
=0.06

During the past 6 years, the highest Dividend Payout Ratio of Venus Pipes & Tubes was 0.02. 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.

Venus Pipes & Tubes Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 0.5000002024-11-292024-11-292024-12-09Cash Dividendsemi-annuallyINR:INR 1.000000
INR 0.5000002024-09-172024-09-182024-10-11Cash Dividendsemi-annuallyINR: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.

Venus Pipes & Tubes's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1/1246.40
=0.08 %

Current Share Price is ₹1246.40.
Venus Pipes & Tubes's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹1.

During the past 6 years, the highest Dividend Yield of Venus Pipes & Tubes was 0.09%. The lowest was 0.03%. And the median was 0.06%.

Good Sign:

Venus Pipes & Tubes Ltd stock Dividend Yield % is close to 3-year high.

* 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.


Venus Pipes & Tubes 3-Year Dividend Growth Rate Related Terms>


Venus Pipes & Tubes Business Description

Traded in Other Exchanges
Address
Sector 1/A, Plot no. 275, Tripada Complex, Near Mamlatdar Office, Gandhidham, GJ, IND, 370201
Venus Pipes & Tubes Ltd is a manufacturer and exporter of stainless steel pipes and tubes. It manufactures stainless steel tube products in two broad categories namely seamless tubes/pipes and welded tubes/pipes under which five categories of products are manufactured namely, stainless steel high precision and heat exchanger tubes, stainless steel hydraulic and instrumentation tubes, stainless steel seamless pipes, stainless steel welded pipes and stainless steel lsaw pipes. The company distributes its products through direct supply, traders, stockists, and selected marketing representatives. Geographically, it derives a majority of its revenue from India and also engages in exporting its products to other countries.

Venus Pipes & Tubes Headlines

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