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Bajaj Steel Industries (BOM:507944) Dividend Payout Ratio : 0.00 (As of Dec. 2023)


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What is Bajaj Steel Industries Dividend Payout Ratio?

Bajaj Steel Industries's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

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

BOM:507944' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.04   Max: 0.07
Current: 0.03


During the past 13 years, the highest Dividend Payout Ratio of Bajaj Steel Industries was 0.07. The lowest was 0.02. And the median was 0.04.

BOM:507944's Dividend Payout Ratio is ranked better than
99.64% of 1672 companies
in the Industrial Products industry
Industry Median: 0.33 vs BOM:507944: 0.03

As of today (2024-04-29), the Dividend Yield % of Bajaj Steel Industries is 0.23%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Bajaj Steel Industries was 5.08%. The lowest was 0.14%. And the median was 1.43%.

Bajaj Steel Industries's Dividends per Share for the months ended in Dec. 2023 was ₹0.00.

During the past 12 months, Bajaj Steel Industries's average Dividends Per Share Growth Rate was 50.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Bajaj Steel Industries was 26.00% per year. The lowest was -9.10% per year. And the median was 14.50% per year.

The growth rate is calculated with least square regression.

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


Bajaj Steel Industries Dividend Payout Ratio Historical Data

The historical data trend for Bajaj Steel Industries'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.

Bajaj Steel Industries Dividend Payout Ratio Chart

Bajaj Steel Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.04 0.02 0.04 0.02

Bajaj Steel Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 0.09 -

Competitive Comparison of Bajaj Steel Industries's Dividend Payout Ratio

For the Specialty Industrial Machinery subindustry, Bajaj Steel Industries'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.


Bajaj Steel Industries's Dividend Payout Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where Bajaj Steel Industries's Dividend Payout Ratio falls into.



Bajaj Steel Industries Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Bajaj Steel Industries's Dividend Payout Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2023 )/ EPS without NRI (A: Mar. 2023 )
=2/ 115.915
=0.02

Bajaj Steel Industries'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 )
=0/ 19.42
=0.00

* 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.


Bajaj Steel Industries (BOM:507944) Dividend Payout Ratio Explanation

In dividends investing, 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.


Bajaj Steel Industries Dividend Payout Ratio Related Terms

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


Bajaj Steel Industries (BOM:507944) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. C-108, MIDC Industrial Area, Hingna, Nagpur, MH, IND, 440 028
Bajaj Steel Industries Ltd is engaged in the manufacturing of Cotton ginning and Pressing Machineries, Prefabricated building structure, components, and allied products. Its operating segment includes the Steel Division and Plastic Division. The company generates maximum revenue from the Steel Division segment. It manufactures product such as Cotton Ginning and Pressing Machinery, Cotton Cleaning, Cotton Conveying, Cotton Humidification Systems, Cotton Baling Presses, Cotton Seed Processing, Pre-engineered Buildings, Electrical Control Panels, Fire Fighting Systems, Hydraulic Cylinder, Power packs, Specialty Conveyors and Master Batches and others.

Bajaj Steel Industries (BOM:507944) Headlines

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