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Nitta Gelatin India (BOM:506532) Dividend Yield % : 0.90% (As of Jun. 23, 2024)


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What is Nitta Gelatin India Dividend Yield %?

As of today (2024-06-23), the Trailing Annual Dividend Yield of Nitta Gelatin India is 0.90%.

Good Sign:

Nitta Gelatin India Ltd stock dividend yield is close to 2-year high.

The historical rank and industry rank for Nitta Gelatin India's Dividend Yield % or its related term are showing as below:

BOM:506532' s Dividend Yield % Range Over the Past 10 Years
Min: 0.43   Med: 1.47   Max: 4.24
Current: 0.9

During the past 13 years, the highest Dividend Yield of Nitta Gelatin India was 4.24%. The lowest was 0.43%. And the median was 1.47%.

BOM:506532's Dividend Yield % is ranked worse than
74.49% of 1082 companies
in the Chemicals industry
Industry Median: 1.87 vs BOM:506532: 0.90

Nitta Gelatin India'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 Nitta Gelatin India was 0.74. The lowest was 0.05. And the median was 0.10.

As of today (2024-06-23), the Forward Dividend Yield % of Nitta Gelatin India is 0.90%.

Nitta Gelatin India's Dividends per Share for the three months ended in Mar. 2024 was ₹0.00.

During the past 12 months, Nitta Gelatin India's average Dividends Per Share Growth Rate was 87.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 44.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 27.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nitta Gelatin India was 81.70% per year. The lowest was -30.70% per year. And the median was 10.10% per year.

The growth rate is calculated with least square regression.

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


Nitta Gelatin India Dividend Yield % Historical Data

The historical data trend for Nitta Gelatin India'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.

Nitta Gelatin India Dividend Yield % Chart

Nitta Gelatin India 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 1.68 1.50 1.06 0.45 0.90

Nitta Gelatin India 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 0.45 0.49 0.92 0.86 0.90

Competitive Comparison of Nitta Gelatin India's Dividend Yield %

For the Specialty Chemicals subindustry, Nitta Gelatin India'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.


Nitta Gelatin India's Dividend Yield % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nitta Gelatin India's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Nitta Gelatin India's Dividend Yield % falls into.



Nitta Gelatin India Dividend Yield % Calculation

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

Nitta Gelatin India Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 7.5000002023-07-282023-07-292023-09-02Cash 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.

Nitta Gelatin India's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=7.5/834.40
=0.90 %

Current Share Price is ₹834.40.
Nitta Gelatin India's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹7.5.

Nitta Gelatin India's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=7.5/834.40
=0.90 %

Current Share Price is ₹834.40.
Nitta Gelatin India's Dividends per Share for the forward twelve months is calculated as ₹7.5 * 1 = ₹7.5.

* 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.


Nitta Gelatin India  (BOM:506532) 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.


Nitta Gelatin India Dividend Yield % Related Terms

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Nitta Gelatin India (BOM:506532) Business Description

Traded in Other Exchanges
N/A
Address
56/715, SBT Avenue, Post Box No. 4262, Panampilly Nagar, Kochi, KL, IND, 682 036
Nitta Gelatin India Ltd is an India-based manufacturer and seller of Gelatin, Di-Calcium Phosphate, Ossein and Collagen peptides. The company's product range includes Gelatin for pharmaceuticals and food applications, Wellnex collagen peptides for joint health and skin beauty, Di-Calcium Phosphate as a poultry feed ingredient, NutriGold as an agricultural growth promoter, and Ossein and Chitosan for agricultural and industrial applications. Geographically, the company sells its products in India and other countries.

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