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Grindwell Norton (NSE:GRINDWELL) Dividend Payout Ratio : 0.00 (As of Jun. 2024)


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What is Grindwell Norton 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. Grindwell Norton's Dividend Payout Ratio for the months ended in Jun. 2024 was 0.00.

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

NSE:GRINDWELL' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.37   Max: 0.7
Current: 0.45


During the past 13 years, the highest Dividend Payout Ratio of Grindwell Norton was 0.70. The lowest was 0.32. And the median was 0.37.

NSE:GRINDWELL's Dividend Payout Ratio is ranked worse than
59.95% of 844 companies
in the Construction industry
Industry Median: 0.37 vs NSE:GRINDWELL: 0.45

As of today (2024-09-27), the Dividend Yield % of Grindwell Norton is 0.71%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Grindwell Norton was 2.06%. The lowest was 0.41%. And the median was 0.85%.

Grindwell Norton's Dividends per Share for the months ended in Jun. 2024 was ₹0.00.

During the past 12 months, Grindwell Norton's average Dividends Per Share Growth Rate was 20.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 24.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 24.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Grindwell Norton was 26.00% per year. The lowest was -8.40% per year. And the median was 15.75% 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.


Grindwell Norton Dividend Payout Ratio Historical Data

The historical data trend for Grindwell Norton'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.

Grindwell Norton Dividend Payout Ratio Chart

Grindwell Norton Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.36 0.37 0.38 0.44

Grindwell Norton Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 1.58 - - -

Competitive Comparison of Grindwell Norton's Dividend Payout Ratio

For the Building Products & Equipment subindustry, Grindwell Norton'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.


Grindwell Norton's Dividend Payout Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Grindwell Norton's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Grindwell Norton's Dividend Payout Ratio falls into.



Grindwell Norton Dividend Payout Ratio Calculation

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.

Grindwell Norton'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 )
=14.5/ 32.856
=0.44

Grindwell Norton's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2024 )/ EPS without NRI (Q: Jun. 2024 )
=0/ 8.42
=0.00

* 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.


Grindwell Norton (NSE:GRINDWELL) 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.


Grindwell Norton Dividend Payout Ratio Related Terms

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


Grindwell Norton Business Description

Traded in Other Exchanges
Address
Andheri-Kurla Road, Leela Business Park, 5th Level, Marol, Andheri (East), Mumbai, MH, IND, 400 059
Grindwell Norton Ltd is a company that produces abrasives and ceramics products. The company's businesses are divided into segments: Abrasives, Ceramics and Plastics, Digital Services and Others. The company manufactures various types of abrasives, which include bonded, coated, non-woven, construction, thin wheels, and super abrasives. Grindwell's Ceramics and Plastics division produces silicon carbide, high-temperature refractories, and fused cast ceramics. The silicon carbide products serve as raw materials that are used to create abrasives, and the company's refractories are structures used for processing both ferrous and non-ferrous metals. The company generates the vast majority of its revenue from Ceramics and Plastics division.

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