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Navneet Education (BOM:508989) Dividend Yield % : 2.89% (As of Dec. 14, 2024)


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What is Navneet Education Dividend Yield %?

As of today (2024-12-14), the Trailing Annual Dividend Yield of Navneet Education is 2.89%.

Good Sign:

Navneet Education Ltd stock dividend yield is close to 3-year high.

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

BOM:508989' s Dividend Yield % Range Over the Past 10 Years
Min: 0.57   Med: 1.57   Max: 6.59
Current: 2.89

During the past 13 years, the highest Dividend Yield of Navneet Education was 6.59%. The lowest was 0.57%. And the median was 1.57%.

BOM:508989's Dividend Yield % is ranked better than
52.5% of 400 companies
in the Media - Diversified industry
Industry Median: 2.805 vs BOM:508989: 2.89

Navneet Education's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Navneet Education was 1.16. The lowest was 0.21. And the median was 0.41.

As of today (2024-12-14), the Forward Dividend Yield % of Navneet Education is 2.89%.

Navneet Education's Dividends per Share for the three months ended in Sep. 2024 was ₹2.60.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Navneet Education was 78.60% per year. The lowest was -30.10% per year. And the median was 7.70% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Navneet Education Dividend Yield % Historical Data

The historical data trend for Navneet Education'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.

Navneet Education Dividend Yield % Chart

Navneet Education 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 6.46 0.62 1.12 1.57 1.89

Navneet Education Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.69 1.72 1.89 1.67 1.76

Competitive Comparison of Navneet Education's Dividend Yield %

For the Publishing subindustry, Navneet Education'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.


Navneet Education's Dividend Yield % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Navneet Education's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Navneet Education's Dividend Yield % falls into.



Navneet Education Dividend Yield % Calculation

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

Navneet Education Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 1.5000002024-11-192024-11-202024-12-05Cash Dividendsemi-annuallyINR:INR 1.000000
INR 2.6000002024-08-132024-08-142024-09-05Cash 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.

Navneet Education's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=4.1/141.10
=2.91 %

Current Share Price is ₹141.10.
Navneet Education's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹4.1.

Navneet Education's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=3/141.10
=2.13 %

Current Share Price is ₹141.10.
Navneet Education's Dividends per Share for the forward twelve months is calculated as ₹1.5 * 2 = ₹3.

* 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.


Navneet Education  (BOM:508989) 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.


Navneet Education Dividend Yield % Related Terms

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


Navneet Education Business Description

Traded in Other Exchanges
Address
Bhavani Shankar Road, Navneet Bhavan, Near Shardashram Society, Dadar (West), Mumbai, MH, IND, 400028
Navneet Education Ltd is engaged in the publication of knowledge-based information in educational and general books as well as in electronic media and manufacturing of paper and other stationery items. The company provides educational syllabus-based content in print & digital mediums, manufactures scholastic paper stationery, and publishes general and children's books, and also Scholastic Non-Paper Stationary products including various titles in the Children and General books category, which are not based on the syllabus. It markets its products under the brand names Navneet, Vikas, Gala, Grafalco, FfUuNn, and Boss. The company manages its business in segments namely Publication, Stationery, and Others. It has a business presence in India and other countries.

Navneet Education Headlines

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