GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Asahi India Glass Ltd (BOM:515030) » Definitions » Dividend Yield %

Asahi India Glass (BOM:515030) Dividend Yield % : 0.34% (As of May. 24, 2024)


View and export this data going back to 1998. Start your Free Trial

What is Asahi India Glass Dividend Yield %?

As of today (2024-05-24), the Trailing Annual Dividend Yield of Asahi India Glass is 0.34%.

Warning Sign:

Asahi India Glass Ltd stock dividend yield is close to 1-year low.

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

BOM:515030' s Dividend Yield % Range Over the Past 10 Years
Min: 0.14   Med: 0.34   Max: 1.43
Current: 0.34

During the past 13 years, the highest Dividend Yield of Asahi India Glass was 1.43%. The lowest was 0.14%. And the median was 0.34%.

BOM:515030's Dividend Yield % is ranked worse than
94.07% of 809 companies
in the Vehicles & Parts industry
Industry Median: 2.26 vs BOM:515030: 0.34

Asahi India Glass'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 Asahi India Glass was 0.33. The lowest was 0.07. And the median was 0.14.

As of today (2024-05-24), the Forward Dividend Yield % of Asahi India Glass is 0.34%.

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

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Asahi India Glass was 49.40% per year. The lowest was -12.60% per year. And the median was 18.40% per year.

The growth rate is calculated with least square regression.

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


Asahi India Glass Dividend Yield % Historical Data

The historical data trend for Asahi India Glass'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.

Asahi India Glass Dividend Yield % Chart

Asahi India Glass 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 1.29 0.32 0.23 0.44 0.37

Asahi India Glass Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.39 0.44 0.32 0.35 0.37

Competitive Comparison of Asahi India Glass's Dividend Yield %

For the Auto Parts subindustry, Asahi India Glass'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.


Asahi India Glass's Dividend Yield % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Asahi India Glass's Dividend Yield % distribution charts can be found below:

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



Asahi India Glass Dividend Yield % Calculation

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

Asahi India Glass Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 2.0000002023-09-112023-09-122023-09-29Cash 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.

Asahi India Glass's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2/592.80
=0.34 %

Current Share Price is ₹592.80.
Asahi India Glass's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹2.

Asahi India Glass's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2/592.80
=0.34 %

Current Share Price is ₹592.80.
Asahi India Glass's Dividends per Share for the forward twelve months is calculated as ₹2 * 1 = ₹2.

* 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.


Asahi India Glass  (BOM:515030) 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.


Asahi India Glass Dividend Yield % Related Terms

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


Asahi India Glass (BOM:515030) Business Description

Traded in Other Exchanges
Address
Mehrauli-Gurgaon Road, Global Business Park, Tower-D, 3rd and 11th Floor, Gurugram, HR, IND, 122 002
Asahi India Glass Ltd is a manufacturer of glass products and solutions. The company offers automotive glass products, architectural glass products, windshield repair and replacement services in India, commercial and private-living glass solutions, glass integration and installation services, and special-purpose glass solutions such as noise-cancelling windows, energy-saving windows, and safety glasses. Asahi India Glass' largest business segment by revenue, automotive glass products, produces various glass windshields and integrated products and solutions, such as rain-sensor windshields, heated windshields, and other related products.

Asahi India Glass (BOM:515030) Headlines

No Headlines