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Garware Hi-Tech Films (BOM:500655) Dividend Yield % : 0.55% (As of Jun. 02, 2024)


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What is Garware Hi-Tech Films Dividend Yield %?

As of today (2024-06-02), the Trailing Annual Dividend Yield of Garware Hi-Tech Films is 0.55%.

The historical rank and industry rank for Garware Hi-Tech Films's Dividend Yield % or its related term are showing as below:

BOM:500655' s Dividend Yield % Range Over the Past 10 Years
Min: 0.38   Med: 1.32   Max: 12.9
Current: 0.55

During the past 13 years, the highest Dividend Yield of Garware Hi-Tech Films was 12.90%. The lowest was 0.38%. And the median was 1.32%.

BOM:500655's Dividend Yield % is ranked worse than
84.75% of 1062 companies
in the Chemicals industry
Industry Median: 1.93 vs BOM:500655: 0.55

Garware Hi-Tech Films's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Garware Hi-Tech Films was 0.56. The lowest was 0.06. And the median was 0.13.

As of today (2024-06-02), the Forward Dividend Yield % of Garware Hi-Tech Films is 0.55%.

Garware Hi-Tech Films's Dividends per Share for the three months ended in Mar. 2024 was ₹0.00.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Garware Hi-Tech Films was 71.00% per year. The lowest was -20.60% per year. And the median was 25.20% per year.

The growth rate is calculated with least square regression.

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


Garware Hi-Tech Films Dividend Yield % Historical Data

The historical data trend for Garware Hi-Tech Films's Dividend Yield % 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.

Garware Hi-Tech Films Dividend Yield % Chart

Garware Hi-Tech Films Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.09 1.43 1.43 1.91 0.57

Garware Hi-Tech Films Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % 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 1.91 1.13 0.68 0.71 0.57

Competitive Comparison of Garware Hi-Tech Films's Dividend Yield %

For the Specialty Chemicals subindustry, Garware Hi-Tech Films's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.


Garware Hi-Tech Films's Dividend Yield % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Garware Hi-Tech Films's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Garware Hi-Tech Films's Dividend Yield % falls into.



Garware Hi-Tech Films Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Garware Hi-Tech Films Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 10.0000002023-09-202023-09-212023-09-28Cash DividendannuallyINR:INR 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Garware Hi-Tech Films's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=10/1808.40
=0.55 %

Current Share Price is ₹1808.40.
Garware Hi-Tech Films's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹10.

Garware Hi-Tech Films's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=10/1808.40
=0.55 %

Current Share Price is ₹1808.40.
Garware Hi-Tech Films's Dividends per Share for the forward twelve months is calculated as ₹10 * 1 = ₹10.

* 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.


Garware Hi-Tech Films  (BOM:500655) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Garware Hi-Tech Films Dividend Yield % Related Terms

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Garware Hi-Tech Films (BOM:500655) Business Description

Traded in Other Exchanges
Address
50 - A, Swami Nityanand Marg, Garware House, Vile Parle (East), Mumbai, MH, IND, 400 057
Garware Hi-Tech Films Ltd is engaged in the business of manufacturing of Polyester Films. Geographically, it derives a majority of revenue from India. The company manufactures Bi-axially Oriented Polyethylene Terephthalate (BOPET)/Polyester Films, Sun Control Films, Thermal Lamination Films, and Specialty Polyester Films. It also manufactures premium grade heat rejection films based on the latest IR Rejection Technology. These products are used in packaging, electrical and motor and cable insulations, shrink film for label application, colored polyester films for window tint application, sequin, and safety. Geographically, it derives a majority of revenue from the Rest of the world.

Garware Hi-Tech Films (BOM:500655) Headlines

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