Sarthak Metals (BOM:540393) Dividend Payout Ratio : 0.79 (As of Dec. 2023)

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What is Sarthak Metals Dividend Payout Ratio?

Sarthak Metals's dividend payout ratio for the months ended in Dec. 2023 was 0.79.

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

BOM:540393' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.09 Med: 0.1 Max: 0.17
Current: 0.15

During the past 12 years, the highest Dividend Payout Ratio of Sarthak Metals was 0.17. The lowest was 0.09. And the median was 0.10.

BOM:540393's Dividend Payout Ratio is ranked better than
81.14% of 1665 companies
in the Industrial Products industry
Industry Median: 0.33 vs BOM:540393: 0.15

As of today (2024-05-06), the Dividend Yield % of Sarthak Metals is 0.78%.

During the past 12 years, the highest Trailing Annual Dividend Yield of Sarthak Metals was 2.32%. The lowest was 0.57%. And the median was 1.11%.

Sarthak Metals's Dividends per Share for the months ended in Dec. 2023 was ₹1.00.

During the past 12 months, Sarthak Metals's average Dividends Per Share Growth Rate was -33.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 58.70% per year.

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Sarthak Metals was 58.70% per year. The lowest was 58.70% per year. And the median was 58.70% per year.

The growth rate is calculated with least square regression.

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

Sarthak Metals Dividend Payout Ratio Historical Data

The historical data trend for Sarthak Metals'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.

Sarthak Metals Dividend Payout Ratio Chart

Sarthak Metals Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Dividend Payout Ratio

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0.17

0.09

0.10

0.09

Sarthak Metals Quarterly Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.18	-	-	0.25	0.79

Competitive Comparison of Sarthak Metals's Dividend Payout Ratio

For the Metal Fabrication subindustry, Sarthak Metals'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.

Sarthak Metals's Dividend Payout Ratio Distribution in the Industrial Products Industry

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

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

Sarthak Metals Dividend Payout Ratio Calculation

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

Sarthak Metals'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 )
	=	2	/	22.047
	=	0.09

Sarthak Metals'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 )
	=	1	/	1.27
	=	0.79

Sarthak Metals (BOM:540393) 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.

Sarthak Metals Dividend Payout Ratio Related Terms

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

Sarthak Metals (BOM:540393) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sarthak Metals Ltd (BOM:540393) » Definitions » Dividend Payout Ratio

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Traded in Other Exchanges

SMLT:India

Address

B.B.C. Colony, G.E. Road, Near Bhilai ITI, Khursipar, Bhilai, CT, IND, 490011

Website

http://www.sarthakmetals.com

Sarthak Metals Ltd is engaged in the manufacturing and selling of a wide variety of cored wires, ferroalloys, and aluminum flipping coils, providing products and solutions that are targeted to attaining precision in metallurgy and fine-tuning of steel manufacturing.

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