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Precision Wires India (BOM:523539) Dividend Yield % : 0.40% (As of Jun. 21, 2024)


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What is Precision Wires India Dividend Yield %?

As of today (2024-06-21), the Trailing Annual Dividend Yield of Precision Wires India is 0.40%.

Warning Sign:

Precision Wires India Ltd stock dividend yield is close to 10-year low.

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

BOM:523539' s Dividend Yield % Range Over the Past 10 Years
Min: 0.4   Med: 2.24   Max: 11.05
Current: 0.4

During the past 13 years, the highest Dividend Yield of Precision Wires India was 11.05%. The lowest was 0.40%. And the median was 2.24%.

BOM:523539's Dividend Yield % is ranked worse than
87.85% of 1918 companies
in the Industrial Products industry
Industry Median: 1.85 vs BOM:523539: 0.40

Precision Wires India's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.24.

During the past 13 years, the highest Dividend Payout Ratio of Precision Wires India was 0.44. The lowest was 0.04. And the median was 0.26.

As of today (2024-06-21), the Forward Dividend Yield % of Precision Wires India is 0.40%.

Precision Wires India's Dividends per Share for the three months ended in Mar. 2024 was ₹0.30.

During the past 12 months, Precision Wires India's average Dividends Per Share Growth Rate was 15.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 33.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 11.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Precision Wires India was 33.90% per year. The lowest was -19.30% 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.


Precision Wires India Dividend Yield % Historical Data

The historical data trend for Precision Wires 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.

Precision Wires India Dividend Yield % Chart

Precision Wires 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 7.50 1.55 1.05 1.29 0.47

Precision Wires 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 1.29 0.92 0.48 0.55 0.47

Competitive Comparison of Precision Wires India's Dividend Yield %

For the Electrical Equipment & Parts subindustry, Precision Wires 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.


Precision Wires India's Dividend Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Precision Wires India's Dividend Yield % distribution charts can be found below:

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



Precision Wires India Dividend Yield % Calculation

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

Precision Wires India Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 0.3000002024-02-202024-02-202024-03-09Cash Dividendsemi-annuallyINR:INR 1.000000
INR 0.3000002023-11-172023-11-172023-12-07Cash Dividendsemi-annuallyINR:INR 1.000000
INR 0.3600002023-08-282023-08-292023-10-04Cash Dividendsemi-annuallyINR: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.

Precision Wires India's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.96/151.45
=0.63 %

Current Share Price is ₹151.45.
Precision Wires India's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹0.96.

Precision Wires India's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.6/151.45
=0.40 %

Current Share Price is ₹151.45.
Precision Wires India's Dividends per Share for the forward twelve months is calculated as ₹0.3 * 2 = ₹0.6.

* 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.


Precision Wires India  (BOM:523539) 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.


Precision Wires India Dividend Yield % Related Terms

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Precision Wires India (BOM:523539) Business Description

Traded in Other Exchanges
Address
Off Sayani Road, J. A. Raul Street, Saiman House, Prabhadevi, Mumbai, MH, IND, 400 025
Precision Wires India Ltd is engaged in the manufacture of winding wires made of copper. The company produces Enameled Round Winding Wires, Enameled Strips, Paper Insulated Copper Conductors, and Continuously Transposed Conductors and Paper/Mica/Nomex Insulated Copper Conductors (PICC) which are used by the electrical/electronics industries. The wires are used in equipment such as rotating machines, alternators, hermetic motors, power and distribution transformers, ballasts, auto electricals, household appliances, and fans.

Precision Wires India (BOM:523539) Headlines

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