Vardhman Special Steels (BOM:534392) Dividend Payout Ratio : 0.00 (As of Mar. 2024)

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What is Vardhman Special Steels Dividend Payout Ratio?

Vardhman Special Steels's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

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

BOM:534392' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.06 Med: 0.14 Max: 0.18
Current: 0.18

During the past 13 years, the highest Dividend Payout Ratio of Vardhman Special Steels was 0.18. The lowest was 0.06. And the median was 0.14.

BOM:534392's Dividend Payout Ratio is ranked better than
71.84% of 309 companies
in the Steel industry
Industry Median: 0.3 vs BOM:534392: 0.18

As of today (2024-06-23), the Dividend Yield % of Vardhman Special Steels is 0.61%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Vardhman Special Steels was 1.45%. The lowest was 0.53%. And the median was 0.85%.

Vardhman Special Steels's Dividends per Share for the months ended in Mar. 2024 was ₹0.00.

During the past 12 months, Vardhman Special Steels's average Dividends Per Share Growth Rate was 14.30% per year.

The growth rate is calculated with least square regression.

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

Vardhman Special Steels Dividend Payout Ratio Historical Data

The historical data trend for Vardhman Special Steels'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.

Vardhman Special Steels Dividend Payout Ratio Chart

Vardhman Special Steels Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

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0.06

0.14

0.18

Vardhman Special Steels 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															-	-	0.88	-	-

Competitive Comparison of Vardhman Special Steels's Dividend Payout Ratio

For the Steel subindustry, Vardhman Special Steels'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.

Vardhman Special Steels's Dividend Payout Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Vardhman Special Steels's Dividend Payout Ratio distribution charts can be found below:

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

Vardhman Special Steels Dividend Payout Ratio Calculation

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

Vardhman Special Steels'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	/	11.19
	=	0.18

Vardhman Special Steels'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	/	3.98
	=	0.00

Vardhman Special Steels (BOM:534392) 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.

Vardhman Special Steels Dividend Payout Ratio Related Terms

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

Vardhman Special Steels (BOM:534392) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Vardhman Special Steels Ltd (BOM:534392) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

VSSL:India

Address

Chandigarh Road, Vardhman Premises, Ludhiana, PB, IND, 141 010

Website

https://www.vardhmansteel.com

Vardhman Special Steels Ltd is engaged in manufacturing steel bars and rods. The company caters to diverse requirements of hot-rolled bars for Engineering, Automotive, Tractor, Bearing and Allied Industries. Its products include Carbon steel, Carbon manganese steel, Chrome steel, Chrome manganese steel, Chrome moly steel, Boron steel, Vanadium steel, and Ball bearing steel. The company manufactures products using techniques such as Steel melting, Rolling Mill, Heat treatment and Bright bar shop. It generates a majority of its revenue from the sale of black bars. The company's operations are mainly located within India.

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