Ashirwad Steels & Industries (BOM:526847) Dividend Yield % : 0.00% (As of Jun. 23, 2024)

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What is Ashirwad Steels & Industries Dividend Yield %?

As of today (2024-06-23), the Trailing Annual Dividend Yield of Ashirwad Steels & Industries is 0.00%.

The historical rank and industry rank for Ashirwad Steels & Industries's Dividend Yield % or its related term are showing as below:

BOM:526847's Dividend Yield % is not ranked ^*
in the Steel industry.
Industry Median: 2.875
* Ranked among companies with meaningful Dividend Yield % only.

Ashirwad Steels & Industries's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

As of today (2024-06-23), the Forward Dividend Yield % of Ashirwad Steels & Industries is 0.00%.

Ashirwad Steels & Industries's Dividends per Share for the three months ended in Mar. 2024 was ₹0.00.

The growth rate is calculated with least square regression.

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

Ashirwad Steels & Industries Dividend Yield % Historical Data

The historical data trend for Ashirwad Steels & Industries'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.

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Ashirwad Steels & Industries Dividend Yield % Chart

Ashirwad Steels & Industries Annual Data

Trend

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Dividend Yield %

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Ashirwad Steels & Industries 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															-	-	-	-	-

Competitive Comparison of Ashirwad Steels & Industries's Dividend Yield %

For the Steel subindustry, Ashirwad Steels & Industries'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.

Ashirwad Steels & Industries's Dividend Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ashirwad Steels & Industries's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Ashirwad Steels & Industries's Dividend Yield % falls into.

Ashirwad Steels & Industries Dividend Yield % Calculation

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

Ashirwad Steels & Industries (BOM:526847) 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.

Ashirwad Steels & Industries Dividend Yield % Related Terms

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

Ashirwad Steels & Industries (BOM:526847) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ashirwad Steels & Industries Ltd (BOM:526847) » Definitions » Dividend Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

6, Waterloo Street, 5th Floor, Suite No. 506, Kolkata, WB, IND, 700069

Website

https://www.ashirwadsteels.com

Ashirwad Steels & Industries Ltd is an Indian based company that operates in the sponge iron business. It is involved in the manufacturing of sponge iron using iron-ore and coal as the raw materials. The sponge iron is used as input by the steel melting shops to produce ingots and billets which are thereafter re-rolled by the rolling mills to produce end steel products like Rods, Bars, Plain Rounds, Angles, Flats, Channels, Girders and others. Geographically, the business activity is carried out through the region of India and derives revenue through the sale of products.

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