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Munjal Auto Industries (NSE:MUNJALAU) Dividend Payout Ratio : 1.08 (As of Sep. 2024)


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What is Munjal Auto Industries 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. Munjal Auto Industries's Dividend Payout Ratio for the months ended in Sep. 2024 was 1.08.

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

NSE:MUNJALAU' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.66   Max: 2.7
Current: 0.41


During the past 13 years, the highest Dividend Payout Ratio of Munjal Auto Industries was 2.70. The lowest was 0.25. And the median was 0.66.

NSE:MUNJALAU's Dividend Payout Ratio is ranked worse than
59.95% of 769 companies
in the Vehicles & Parts industry
Industry Median: 0.3 vs NSE:MUNJALAU: 0.41

As of today (2024-12-12), the Dividend Yield % of Munjal Auto Industries is 1.82%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Munjal Auto Industries was 7.11%. The lowest was 1.06%. And the median was 2.22%.

Munjal Auto Industries's Dividends per Share for the months ended in Sep. 2024 was ₹2.00.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Munjal Auto Industries was 71.00% per year. The lowest was -26.30% per year. And the median was 25.45% 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.


Munjal Auto Industries Dividend Payout Ratio Historical Data

The historical data trend for Munjal Auto 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.

Munjal Auto Industries Dividend Payout Ratio Chart

Munjal Auto Industries 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 2.70 - - 0.60 0.74

Munjal Auto Industries Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.45 - - - 1.08

Competitive Comparison of Munjal Auto Industries's Dividend Payout Ratio

For the Auto Parts subindustry, Munjal Auto 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.


Munjal Auto Industries's Dividend Payout Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Munjal Auto Industries's Dividend Payout Ratio distribution charts can be found below:

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



Munjal Auto Industries 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.

Munjal Auto 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 )
=2/ 2.717
=0.74

Munjal Auto Industries's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=2/ 1.86
=1.08

* 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.


Munjal Auto Industries (NSE:MUNJALAU) 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.


Munjal Auto Industries Dividend Payout Ratio Related Terms

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


Munjal Auto Industries Business Description

Traded in Other Exchanges
Address
Unitech Business Zone, 2nd Floor, Tower C, Nirvana Country, South City - 2, Sector - 50, Gurugram, HR, IND, 122018
Munjal Auto Industries Ltd is an India-based company. It offers an exhaust system or mufflers for two-wheelers. The company is engaged in the manufacture of wheels, rims, fuel tanks, and other components for auto industries. Its product range for 2-3 wheelers includes Steel Wheel Rim and Spoke Wheel Rim. Its product range for four-wheelers includes fuel tank assembly, seat structure system, side step assembly, and other products. Some of the company's facilities offered by the company include an engineering and tool room, which includes a central tool room and technical center, a tool design center and tool manufacturing, and a fuel tank manufacturing line. Its operations fall under a single segment namely Manufacturing of Auto Components.

Munjal Auto Industries Headlines

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