Solitaire Machine Tools (BOM:522152) Dividend Payout Ratio : 0.00 (As of Mar. 2024)

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What is Solitaire Machine Tools Dividend Payout Ratio?

Solitaire Machine Tools's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

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

BOM:522152' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.24 Med: 0.33 Max: 0.76
Current: 0.38

During the past 13 years, the highest Dividend Payout Ratio of Solitaire Machine Tools was 0.76. The lowest was 0.24. And the median was 0.33.

BOM:522152's Dividend Payout Ratio is ranked worse than
56.68% of 1662 companies
in the Industrial Products industry
Industry Median: 0.33 vs BOM:522152: 0.38

As of today (2024-06-20), the Dividend Yield % of Solitaire Machine Tools is 1.43%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Solitaire Machine Tools was 12.47%. The lowest was 1.10%. And the median was 3.25%.

Solitaire Machine Tools's Dividends per Share for the months ended in Mar. 2024 was ₹0.00.

During the past 12 months, Solitaire Machine Tools's average Dividends Per Share Growth Rate was 25.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 26.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Solitaire Machine Tools was 35.70% per year. The lowest was -20.60% per year. And the median was 3.20% per year.

The growth rate is calculated with least square regression.

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

Solitaire Machine Tools Dividend Payout Ratio Historical Data

The historical data trend for Solitaire Machine Tools'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.

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Solitaire Machine Tools Dividend Payout Ratio Chart

Solitaire Machine Tools Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

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0.76

0.24

0.53

0.34

0.38

Solitaire Machine Tools Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	1.81	-	-	-

Competitive Comparison of Solitaire Machine Tools's Dividend Payout Ratio

For the Tools & Accessories subindustry, Solitaire Machine Tools'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.

Solitaire Machine Tools's Dividend Payout Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where Solitaire Machine Tools's Dividend Payout Ratio falls into.

Solitaire Machine Tools Dividend Payout Ratio Calculation

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

Solitaire Machine Tools'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 )
	=	1.5	/	3.97
	=	0.38

Solitaire Machine Tools's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0	/	1.46
	=	0.00

Solitaire Machine Tools (BOM:522152) 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.

Solitaire Machine Tools Dividend Payout Ratio Related Terms

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

Solitaire Machine Tools (BOM:522152) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Solitaire Machine Tools Ltd (BOM:522152) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

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Address

A-24/25, Krishna Industrial Estate, Gorwa, Vadodara, GJ, IND, 390016

Website

https://www.smtgrinders.com

Solitaire Machine Tools Ltd manufactures precision centerless grinders. The company has one reportable segment namely Centerless Grinding Machine & Spares parts & Accessories. The firm also offers CNC products, including precision servo infeed attachments, servo drives for regulating wheels, two-axis CNC grinding wheel dressers, and diamond roll dressers for grinding wheels, as well as two, three, four, and five-axis CNC grinder controls. The company also provides remanufacturing and CNC retrofitting services for grinders. Its centerless grinders are used in the industry like an automobile, automobile ancillaries, textiles machinery, steel industry, and bearing industry.

Solitaire Machine Tools (BOM:522152) Headlines

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