Ratnamani Metals & Tubes (BOM:520111) Dividend Payout Ratio : 0.00 (As of Dec. 2023)

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What is Ratnamani Metals & Tubes Dividend Payout Ratio?

Ratnamani Metals & Tubes's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

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

BOM:520111' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.11 Med: 0.15 Max: 0.33
Current: 0.13

During the past 13 years, the highest Dividend Payout Ratio of Ratnamani Metals & Tubes was 0.33. The lowest was 0.11. And the median was 0.15.

BOM:520111's Dividend Payout Ratio is ranked better than
79.21% of 303 companies
in the Steel industry
Industry Median: 0.29 vs BOM:520111: 0.13

As of today (2024-04-29), the Dividend Yield % of Ratnamani Metals & Tubes is 0.40%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Ratnamani Metals & Tubes was 3.61%. The lowest was 0.31%. And the median was 0.94%.

Ratnamani Metals & Tubes's Dividends per Share for the months ended in Dec. 2023 was ₹0.00.

During the past 12 months, Ratnamani Metals & Tubes's average Dividends Per Share Growth Rate was 28.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -12.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ratnamani Metals & Tubes was 71.20% per year. The lowest was -18.30% per year. And the median was 22.00% per year.

The growth rate is calculated with least square regression.

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

Ratnamani Metals & Tubes Dividend Payout Ratio Historical Data

The historical data trend for Ratnamani Metals & 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.

Ratnamani Metals & Tubes Dividend Payout Ratio Chart

Ratnamani Metals & Tubes Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Dividend Payout Ratio

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0.11

0.33

0.21

0.13

Ratnamani Metals & 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															-	-	-	0.51	-

Competitive Comparison of Ratnamani Metals & Tubes's Dividend Payout Ratio

For the Steel subindustry, Ratnamani Metals & 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.

Ratnamani Metals & Tubes's Dividend Payout Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ratnamani Metals & Tubes's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Ratnamani Metals & Tubes's Dividend Payout Ratio falls into.

Ratnamani Metals & Tubes Dividend Payout Ratio Calculation

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

Ratnamani Metals & 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 )
	=	9.33	/	72.206
	=	0.13

Ratnamani Metals & 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	/	18.957
	=	0.00

Ratnamani Metals & Tubes (BOM:520111) 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.

Ratnamani Metals & Tubes Dividend Payout Ratio Related Terms

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

Ratnamani Metals & Tubes (BOM:520111) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ratnamani Metals & Tubes Ltd (BOM:520111) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

RATNAMANI:India

Address

The First Avenue Road, Off 132 Ft Ring Road, The First, A & B Wing, 9th Floor, Behind Keshav Baug Party Plot, Vastrapur, Ahmedabad, GJ, IND, 380015

Website

https://www.ratnamani.com

Ratnamani Metals & Tubes Ltd is a manufacturer of stainless steel pipes, tubes, and carbon steel pipes. The company's product mix consists of stainless steel tubes and pipes, carbon steel pipes, and external and internal coating solutions. It operates in the Steel Tubes and Pipes segment. The company's end market by revenue is India. The firm's manufacturing facilities are located in Kutch, Indrad, and Chhatral in the state of Gujarat.

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