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Gandhi Special Tubes (BOM:513108) Dividend Payout Ratio : 0.00 (As of Dec. 2023)


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What is Gandhi Special Tubes Dividend Payout Ratio?

Gandhi Special Tubes's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

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

BOM:513108' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.52   Max: 0.77
Current: 0.29


During the past 13 years, the highest Dividend Payout Ratio of Gandhi Special Tubes was 0.77. The lowest was 0.27. And the median was 0.52.

BOM:513108's Dividend Payout Ratio is ranked better than
57.24% of 1665 companies
in the Industrial Products industry
Industry Median: 0.33 vs BOM:513108: 0.29

As of today (2024-05-12), the Dividend Yield % of Gandhi Special Tubes is 1.46%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Gandhi Special Tubes was 5.50%. The lowest was 1.39%. And the median was 2.75%.

Gandhi Special Tubes's Dividends per Share for the months ended in Dec. 2023 was ₹0.00.

During the past 12 months, Gandhi Special Tubes's average Dividends Per Share Growth Rate was 20.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Gandhi Special Tubes was 35.70% per year. The lowest was 3.60% per year. And the median was 7.70% per year.

The growth rate is calculated with least square regression.

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


Gandhi Special Tubes Dividend Payout Ratio Historical Data

The historical data trend for Gandhi Special Tubes'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.

Gandhi Special Tubes Dividend Payout Ratio Chart

Gandhi Special Tubes 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 0.36 0.62 0.35 0.32 0.27

Gandhi Special Tubes 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 - - - 1.10 -

Competitive Comparison of Gandhi Special Tubes's Dividend Payout Ratio

For the Metal Fabrication subindustry, Gandhi Special Tubes'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.


Gandhi Special Tubes's Dividend Payout Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where Gandhi Special Tubes's Dividend Payout Ratio falls into.



Gandhi Special Tubes Dividend Payout Ratio Calculation

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

Gandhi Special Tubes'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 )
=10/ 36.621
=0.27

Gandhi Special Tubes'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/ 10.87
=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.


Gandhi Special Tubes (BOM:513108) 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.


Gandhi Special Tubes Dividend Payout Ratio Related Terms

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


Gandhi Special Tubes (BOM:513108) Business Description

Traded in Other Exchanges
Address
55 Hughes Road, Next to Dharam Palace, 201-204, Plaza, 2nd Floor, Mumbai, MH, IND, 400007
Gandhi Special Tubes Ltd manufactures and markets welded and seamless steel tubes of different sizes and specifications, and cold-formed coupling nuts. The company is involved in manufacturing automobile components, cold-formed tube nuts for fuel injection tube assemblies, hydraulic and other tube assemblies. Its products include Welded Tubes, Seamless Tubes, Wind Power, and Cold Formed Nuts. Products of the firm are supplied to the original equipment manufacturers of the automotive sector, farm equipment manufacturers, construction equipment manufacturers, refrigerator manufacturers, and other engineering industries. It also operates in the power sector through windmills installed in Maharashtra and Gujarat.

Gandhi Special Tubes (BOM:513108) Headlines

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