Finolex Cables (BOM:500144) Dividend Payout Ratio : 1.04 (As of Sep. 2024)

View and export this data going back to 1992. Start your Free Trial

What is Finolex Cables Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Finolex Cables's Dividend Payout Ratio for the months ended in Sep. 2024 was 1.04.

The historical rank and industry rank for Finolex Cables's Dividend Payout Ratio or its related term are showing as below:

BOM:500144' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.08 Med: 0.16 Max: 0.2
Current: 0.18

During the past 13 years, the highest Dividend Payout Ratio of Finolex Cables was 0.20. The lowest was 0.08. And the median was 0.16.

BOM:500144's Dividend Payout Ratio is ranked better than
79.93% of 1769 companies
in the Industrial Products industry
Industry Median: 0.36 vs BOM:500144: 0.18

As of today (2024-12-15), the Dividend Yield % of Finolex Cables is 0.63%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Finolex Cables was 2.39%. The lowest was 0.24%. And the median was 0.74%.

Finolex Cables's Dividends per Share for the months ended in Sep. 2024 was ₹8.00.

During the past 12 months, Finolex Cables's average Dividends Per Share Growth Rate was 14.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 11.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 19.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Finolex Cables was 58.70% per year. The lowest was -45.00% per year. And the median was 20.50% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Finolex Cables Dividend Payout Ratio Historical Data

The historical data trend for Finolex Cables's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Finolex Cables Dividend Payout Ratio Chart

Finolex Cables Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

Get a 7-Day Free Trial

0.20

0.19

0.15

0.20

0.19

Finolex Cables Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.69	-	-	-	1.04

Competitive Comparison of Finolex Cables's Dividend Payout Ratio

For the Electrical Equipment & Parts subindustry, Finolex Cables's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Finolex Cables's Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Finolex Cables's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Finolex Cables's Dividend Payout Ratio falls into.

Finolex Cables Dividend Payout Ratio Calculation

Finolex Cables's Dividend Payout Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2024 )	/	EPS without NRI (A: Mar. 2024 )
	=	7	/	36.443
	=	0.19

Finolex Cables'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 )
	=	8	/	7.71
	=	1.04

Finolex Cables (BOM:500144) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Finolex Cables Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Finolex Cables's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Finolex Cables Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Finolex Cables Ltd (BOM:500144) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

FINCABLES:India

Address

26-27 Mumbai-Pune Road, Pimpri, Pune, MH, IND, 411018

Website

https://www.finolex.com

Finolex Cables Ltd is an electronic components company. The operating segments of the group are Electrical cables, Communication cables, Copper rods, and Others - Trading of Electrical and other goods. It derives a majority of its revenue from the Electrical cables segment. The group offers products like wires and cables, optical fibre cables, switches, LED lightings, fans, MCBs, water heaters, and other products. Geographically, the company caters to both the Indian and the international markets of which, a majority of its revenue is derived from its business in India.

Finolex Cables Headlines

No Headlines