As of today (2024-05-06), the Trailing Annual Dividend Yield of Siyaram Silk Mills is 2.39%.
Good Sign:
Siyaram Silk Mills Ltd stock dividend yield is close to 1-year high.
The historical rank and industry rank for Siyaram Silk Mills's Dividend Yield % or its related term are showing as below:
BOM:503811'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.4 Med: 1.6 Max: 6.55
Current: 2.39
During the past 13 years, the highest Dividend Yield of Siyaram Silk Mills was 6.55%. The lowest was 0.40%. And the median was 1.60%.
BOM:503811's Dividend Yield % is ranked worse than 52.13% of 541
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.56
vs BOM:503811: 2.39
During the past 12 months, Siyaram Silk Mills's average Dividends Per Share Growth Rate was 7.80% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 14.50% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Siyaram Silk Mills was 55.30% per year. The lowest was 2.30% per year. And the median was 14.50% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Siyaram Silk Mills Dividend Yield % Historical Data
The historical data trend for Siyaram Silk Mills'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.
Competitive Comparison of Siyaram Silk Mills's Dividend Yield %
For the Textile Manufacturing subindustry, Siyaram Silk Mills'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.
Siyaram Silk Mills's Dividend Yield % Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Siyaram Silk Mills's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Siyaram Silk Mills's Dividend Yield % falls into.
Siyaram Silk Mills Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Siyaram Silk Mills Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
INR 3.000000
2024-02-16
2024-02-19
2024-02-29
Cash Dividend
quarterly
INR:INR 1.000000
INR 4.000000
2023-11-07
2023-11-07
2023-11-21
Cash Dividend
quarterly
INR:INR 1.000000
INR 4.000000
2023-07-24
2023-07-25
2023-08-14
Cash Dividend
quarterly
INR: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.
Siyaram Silk Mills's Trailing Annual Dividend Yield (%) for Today is calculated as
* 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.
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.
Thank you for viewing the detailed overview of Siyaram Silk Mills's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Siyaram Silk Mills (BOM:503811) Business Description
Siyaram Silk Mills Ltd is an Indian company that is engaged in the manufacturing of suiting and shirting fabrics and readymade garments. It sells its products under the brand name Cadini, Siyaram's, Oxemberg, and others. The company produces fashionable curtains and upholstery fabrics under the Casa Moda brand. The company operates a chain of retail outlets across India The company earns its revenue from the textile business.
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