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Reliance Chemotex Industries (BOM:503162) Dividend Yield % : 1.08% (As of Jun. 24, 2024)


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What is Reliance Chemotex Industries Dividend Yield %?

As of today (2024-06-24), the Trailing Annual Dividend Yield of Reliance Chemotex Industries is 1.08%.

The historical rank and industry rank for Reliance Chemotex Industries's Dividend Yield % or its related term are showing as below:

BOM:503162' s Dividend Yield % Range Over the Past 10 Years
Min: 0.45   Med: 1.38   Max: 5.55
Current: 1.08

During the past 13 years, the highest Dividend Yield of Reliance Chemotex Industries was 5.55%. The lowest was 0.45%. And the median was 1.38%.

BOM:503162's Dividend Yield % is ranked worse than
76.84% of 544 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.51 vs BOM:503162: 1.08

Reliance Chemotex Industries'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 Reliance Chemotex Industries was 0.59. The lowest was 0.03. And the median was 0.09.

As of today (2024-06-24), the Forward Dividend Yield % of Reliance Chemotex Industries is 0.43%.

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

During the past 3 years, the average Dividends Per Share Growth Rate was 35.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 27.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 14.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Reliance Chemotex Industries was 58.70% per year. The lowest was -37.00% per year. And the median was 20.50% per year.

The growth rate is calculated with least square regression.

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


Reliance Chemotex Industries Dividend Yield % Historical Data

The historical data trend for Reliance Chemotex Industries'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.

Reliance Chemotex Industries Dividend Yield % Chart

Reliance Chemotex Industries 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 2.30 1.30 0.86 1.58 1.27

Reliance Chemotex Industries 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 1.58 1.37 1.16 0.84 1.27

Competitive Comparison of Reliance Chemotex Industries's Dividend Yield %

For the Textile Manufacturing subindustry, Reliance Chemotex Industries'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.


Reliance Chemotex Industries's Dividend Yield % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Reliance Chemotex Industries's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Reliance Chemotex Industries's Dividend Yield % falls into.



Reliance Chemotex Industries Dividend Yield % Calculation

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

Reliance Chemotex Industries Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 2.5000002023-09-142023-09-152023-09-22Cash 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.

Reliance Chemotex Industries's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.5/231.65
=1.08 %

Current Share Price is ₹231.65.
Reliance Chemotex Industries's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹2.5.

Reliance Chemotex Industries's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2.5/231.65
=1.08 %

Current Share Price is ₹231.65.
Reliance Chemotex Industries's Dividends per Share for the forward twelve months is calculated as ₹2.5 * 1 = ₹2.5.

* 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.


Reliance Chemotex Industries  (BOM:503162) 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.


Reliance Chemotex Industries Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Reliance Chemotex Industries's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Reliance Chemotex Industries (BOM:503162) Business Description

Traded in Other Exchanges
Address
27, Jolly Maker Chambers Number 2, Nariman Point, Mumbai, MH, IND, 400 021
Reliance Chemotex Industries Ltd is engaged in the manufacturing of synthetic blended yarn. The company's geographical segments are Sales within India which includes sales to customers located in India and Sales outside India consisting of sales to customers located outside India. It offers various products such as Home furnishing yarns which includes artificial silk carpets, conveyor belt, towels, raised and flat upholstery, and artificial leather, Industrial yarns comprising school uniforms, shawls, medical aids, dyed polyester and viscose yarn. The Company's primary business segment is Yarn. In addition, it also provides Apparel yarns such as knitwear, suiting's and dyed viscose yarns for carpets.

Reliance Chemotex Industries (BOM:503162) Headlines

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