Vardhman Acrylics (NSE:VARDHACRLC) Dividend Payout Ratio : 10.53 (As of Sep. 2024)

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What is Vardhman Acrylics 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. Vardhman Acrylics's Dividend Payout Ratio for the months ended in Sep. 2024 was 10.53.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Vardhman Acrylics Ltd is 0.96, which seems too high.

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

NSE:VARDHACRLC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.49 Med: 1.38 Max: 30.23
Current: 0.96

During the past 13 years, the highest Dividend Payout Ratio of Vardhman Acrylics was 30.23. The lowest was 0.49. And the median was 1.38.

NSE:VARDHACRLC's Dividend Payout Ratio is ranked worse than
82.31% of 441 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.38 vs NSE:VARDHACRLC: 0.96

As of today (2024-12-13), the Dividend Yield % of Vardhman Acrylics is 3.49%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Vardhman Acrylics was 52.30%. The lowest was 2.48%. And the median was 5.00%.

Vardhman Acrylics's Dividends per Share for the months ended in Sep. 2024 was ₹2.00.

During the past 12 months, Vardhman Acrylics's average Dividends Per Share Growth Rate was -20.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Vardhman Acrylics was 132.10% per year. The lowest was -30.70% per year. And the median was 50.70% 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.

Vardhman Acrylics Dividend Payout Ratio Historical Data

The historical data trend for Vardhman Acrylics'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 Acrylics Dividend Payout Ratio Chart

Vardhman Acrylics Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

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0.74

30.23

2.62

Vardhman Acrylics 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															3.25	-	-	-	10.53

Competitive Comparison of Vardhman Acrylics's Dividend Payout Ratio

For the Textile Manufacturing subindustry, Vardhman Acrylics'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 Acrylics's Dividend Payout Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vardhman Acrylics's Dividend Payout Ratio distribution charts can be found below:

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

Vardhman Acrylics Dividend Payout Ratio Calculation

Vardhman Acrylics'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 )
	=	2.5	/	0.954
	=	2.62

Vardhman Acrylics'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	/	0.19
	=	10.53

Vardhman Acrylics (NSE:VARDHACRLC) 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.

Vardhman Acrylics Dividend Payout Ratio Related Terms

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

Vardhman Acrylics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Vardhman Acrylics Ltd (NSE:VARDHACRLC) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

N/A

Address

Chandigarh Road, Vardhman Premises, Ludhiana, PB, IND, 141010

Website

https://www.vardhman.com

Vardhman Acrylics Ltd is engaged in manufacturing man-made fibers. The firm operates through the Acrylic Fibre and Tow segment having its manufacturing facility in Gujarat, India. Its products are widely used for the manufacture of winter wear such as sweaters, woolen fabric, technical textiles such as non-wovens and carpets, and others. Geographically, it generates the majority of its revenue within India.

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