Meera Industries (BOM:540519) Dividend Payout Ratio : 0.00 (As of Mar. 2024)

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What is Meera Industries Dividend Payout Ratio?

Meera Industries's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

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

During the past 13 years, the highest Dividend Payout Ratio of Meera Industries was 4.66. The lowest was 0.11. And the median was 0.31.

BOM:540519's Dividend Payout Ratio is not ranked ^*
in the Industrial Products industry.
Industry Median: 0.33
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-06-20), the Dividend Yield % of Meera Industries is 0.00%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Meera Industries was 2.24%. The lowest was 0.00%. And the median was 1.13%.

Meera Industries's Dividends per Share for the months ended in Mar. 2024 was ₹0.00.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Meera Industries was 33.90% per year. The lowest was -15.60% per year. And the median was 9.15% per year.

The growth rate is calculated with least square regression.

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

Meera Industries Dividend Payout Ratio Historical Data

The historical data trend for Meera Industries'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.

Meera Industries Dividend Payout Ratio Chart

Meera Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

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4.66

0.24

0.46

Meera Industries Quarterly Data
	Sep17	Mar18	Mar19	Sep19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Meera Industries's Dividend Payout Ratio

For the Specialty Industrial Machinery subindustry, Meera Industries'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.

Meera Industries's Dividend Payout Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where Meera Industries's Dividend Payout Ratio falls into.

Meera Industries Dividend Payout Ratio Calculation

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

Meera Industries'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 )
	=	0	/	1.37
	=	0.00

Meera Industries'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	/	0.56
	=	0.00

Meera Industries (BOM:540519) 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.

Meera Industries Dividend Payout Ratio Related Terms

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

Meera Industries (BOM:540519) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Meera Industries Ltd (BOM:540519) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

2126, Road No. 2 GIDC, Sachin, Surat, GJ, IND, 394230

Website

https://www.meeraind.com

Meera Industries Ltd is engaged in the production of textile twisting machinery and technology. The product portfolio includes Two for one twister, Servo-controlled cop winder, Cone-assembly winder, Ring twister, covering machine, TPRS twister machine, and Heavy-duty twister and cabler machine, and Continuous bulk and heat setting machine. Its operating segment includes Machine manufacturing, Machine trading and Yarn. The company generates maximum revenue from the Machine manufacturing segment. Geographically, it derives a majority of revenue from India.

Meera Industries (BOM:540519) Headlines

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