If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Styrenix Performance Materials Ltd is 0.95, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Styrenix Performance Materials was 1.78. The lowest was 0.05. And the median was 0.16.
During the past 12 months, Styrenix Performance Materials's average Dividends Per Share Growth Rate was -49.20% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Styrenix Performance Materials was 352.30% per year. The lowest was -20.60% per year. And the median was 8.20% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Styrenix Performance Materials Dividend Yield % Historical Data
* 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 Styrenix Performance Materials's Dividend Yield %
For the Chemicals subindustry, Styrenix Performance Materials'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.
Styrenix Performance Materials's Dividend Yield % Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Styrenix Performance Materials's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Styrenix Performance Materials's Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Styrenix Performance Materials Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
INR 48.000000
2024-02-12
2024-02-12
0000-00-00
Cash Dividend
quarterly
INR:INR 1.000000
INR 22.000000
2023-10-31
2023-10-31
0000-00-00
Cash Dividend
semi-annually
INR:INR 1.000000
INR 24.000000
2023-08-02
2023-08-02
0000-00-00
Cash Dividend
semi-annually
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.
* 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.
Styrenix Performance Materials Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Styrenix Performance Materials's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Styrenix Performance Materials (BOM:506222) Business Description
Styrenix Performance Materials Ltd is a producer of Absolac (ABS) and Absolan (SAN) in India. ABS is a plastic resin produced from acrylonitrile, butadiene, and styrene, used for manufacturing home appliances, automobiles, consumer durables, and machinery. Absolan(SAN) is a polymerized plastic resin produced from styrene and acrylonitrile and is mainly used for products such as lighting, stationery, novelties, refrigerators, and cosmetic packing. The company operates in two segments namely Specialties and Polystyrene, of which the majority of the revenue is generated from the Specialties segment. Specialties include ABS and SAN. All the business activities of the firm functioned throughout the region of India.
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