Nitin Spinners (BOM:532698) Dividend Payout Ratio : 0.00 (As of Dec. 2024)

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What is Nitin Spinners 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. Nitin Spinners's Dividend Payout Ratio for the months ended in Dec. 2024 was 0.00.

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

BOM:532698' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.05 Med: 0.1 Max: 0.3
Current: 0.08

During the past 13 years, the highest Dividend Payout Ratio of Nitin Spinners was 0.30. The lowest was 0.05. And the median was 0.10.

BOM:532698's Dividend Payout Ratio is ranked better than
93.21% of 427 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.4 vs BOM:532698: 0.08

As of today (2025-04-10), the Dividend Yield % of Nitin Spinners is 0.72%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Nitin Spinners was 4.60%. The lowest was 0.24%. And the median was 1.24%.

Nitin Spinners's Dividends per Share for the months ended in Dec. 2024 was ₹0.00.

During the past 3 years, the average Dividends Per Share Growth Rate was 60.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 23.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nitin Spinners was 60.90% per year. The lowest was -20.60% per year. And the median was 17.00% 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.

Nitin Spinners Dividend Payout Ratio Historical Data

The historical data trend for Nitin Spinners'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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Nitin Spinners Dividend Payout Ratio Chart

Nitin Spinners Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

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0.30

0.05

0.09

0.11

Nitin Spinners Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	-	0.33	-

Competitive Comparison of Nitin Spinners's Dividend Payout Ratio

For the Textile Manufacturing subindustry, Nitin Spinners'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.

Nitin Spinners's Dividend Payout Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nitin Spinners's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Nitin Spinners's Dividend Payout Ratio falls into.

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Nitin Spinners Dividend Payout Ratio Calculation

Nitin Spinners'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 )
	=	2.5	/	23.379
	=	0.11

Nitin Spinners's Dividend Payout Ratio for the quarter that ended in Dec. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2024 )	/	EPS without NRI (Q: Dec. 2024 )
	=	0	/	7.96
	=	0.00

Nitin Spinners (BOM:532698) 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.

Nitin Spinners Dividend Payout Ratio Related Terms

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

Nitin Spinners Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Nitin Spinners Ltd (BOM:532698) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

NITINSPIN:India

Address

Chittor Road, 16-17 Km. Stone, Hamirgarh, Bhilwara, RJ, IND, 311025

Website

https://www.nitinspinners.com

Nitin Spinners Ltd is an Indian company engaged in the textile business. It manufactures products such as cotton yarn and cotton knitted fabric. Its product comprises Yarn, Knitted Fabrics, Woven Fabrics, and Others. The yarn product, which is the key revenue driver, includes open-end yarns, multifold open-end yarns, ring-spun combed yarns, multifold ring spun yarns, compact yarns, fancy slub yarns, and ore spun yarns. The cotton knitted fabrics comprise single jersey, pique structures, interlock structures, rib structures, and three thread fleece. The company carries out sales within India as well as exports to other countries.

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