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Star Paper Mills (BOM:516022) Dividend Yield % : 1.34% (As of Jun. 22, 2024)


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What is Star Paper Mills Dividend Yield %?

As of today (2024-06-22), the Trailing Annual Dividend Yield of Star Paper Mills is 1.34%.

Warning Sign:

Star Paper Mills Ltd stock dividend yield is close to 1-year low.

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

BOM:516022' s Dividend Yield % Range Over the Past 10 Years
Min: 0.69   Med: 1.82   Max: 3.6
Current: 1.34

During the past 13 years, the highest Dividend Yield of Star Paper Mills was 3.60%. The lowest was 0.69%. And the median was 1.82%.

BOM:516022's Dividend Yield % is ranked worse than
76.65% of 167 companies
in the Forest Products industry
Industry Median: 2.68 vs BOM:516022: 1.34

Star Paper Mills'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 Star Paper Mills was 0.29. The lowest was 0.06. And the median was 0.09.

As of today (2024-06-22), the Forward Dividend Yield % of Star Paper Mills is 1.34%.

Star Paper Mills's Dividends per Share for the three months ended in Mar. 2024 was ₹0.00.

During the past 3 years, the average Dividends Per Share Growth Rate was 11.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Star Paper Mills was 11.90% per year. The lowest was 7.70% per year. And the median was 11.90% per year.

The growth rate is calculated with least square regression.

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


Star Paper Mills Dividend Yield % Historical Data

The historical data trend for Star Paper 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.

* Premium members only.

Star Paper Mills Dividend Yield % Chart

Star Paper Mills 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 3.53 2.07 1.58 2.38 1.56

Star Paper Mills 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 2.38 2.04 1.56 1.52 1.56

Competitive Comparison of Star Paper Mills's Dividend Yield %

For the Paper & Paper Products subindustry, Star Paper 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.


Star Paper Mills's Dividend Yield % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Star Paper Mills's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Star Paper Mills's Dividend Yield % falls into.



Star Paper Mills Dividend Yield % Calculation

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

Star Paper Mills Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 3.5000002023-09-152023-09-162023-10-03Cash 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.

Star Paper Mills's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=3.5/261.85
=1.34 %

Current Share Price is ₹261.85.
Star Paper Mills's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹3.5.

Star Paper Mills's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=3.5/261.85
=1.34 %

Current Share Price is ₹261.85.
Star Paper Mills's Dividends per Share for the forward twelve months is calculated as ₹3.5 * 1 = ₹3.5.

* 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.


Star Paper Mills  (BOM:516022) 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.


Star Paper Mills Dividend Yield % Related Terms

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


Star Paper Mills (BOM:516022) Business Description

Traded in Other Exchanges
Address
31 Netaji Subhash Road, Duncan House, 2nd Floor, Kolkata, WB, IND, 700 001
Star Paper Mills Ltd is engaged in the business of paper manufacturing. The company's products are used in education, communication, information and knowledge dissemination, and packaging of commodities. It produces a wide range of Industrial Packaging and cultural paper catering to all segments of the consumer. It sells in the Indian markets. The firm sells products under the brand name Star.

Star Paper Mills (BOM:516022) Headlines

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