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Rane Brake Linings (BOM:532987) Dividend Yield % : 2.93% (As of Dec. 14, 2024)


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What is Rane Brake Linings Dividend Yield %?

As of today (2024-12-14), the Trailing Annual Dividend Yield of Rane Brake Linings is 2.93%.

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

BOM:532987' s Dividend Yield % Range Over the Past 10 Years
Min: 0.44   Med: 2.59   Max: 6.51
Current: 2.93

During the past 13 years, the highest Dividend Yield of Rane Brake Linings was 6.51%. The lowest was 0.44%. And the median was 2.59%.

BOM:532987's Dividend Yield % is ranked better than
55.63% of 843 companies
in the Vehicles & Parts industry
Industry Median: 2.45 vs BOM:532987: 2.93

Rane Brake Linings's Dividend Payout Ratio for the three months ended in Sep. 2024 was 2.09.

During the past 13 years, the highest Dividend Payout Ratio of Rane Brake Linings was 0.70. The lowest was 0.10. And the median was 0.35.

As of today (2024-12-14), the Forward Dividend Yield % of Rane Brake Linings is 2.93%.

Rane Brake Linings's Dividends per Share for the three months ended in Sep. 2024 was ₹30.00.

During the past 12 months, Rane Brake Linings's average Dividends Per Share Growth Rate was 20.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 31.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 18.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Rane Brake Linings was 50.40% per year. The lowest was -23.70% per year. And the median was 15.90% 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.


Rane Brake Linings Dividend Yield % Historical Data

The historical data trend for Rane Brake Linings'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.

Rane Brake Linings Dividend Yield % Chart

Rane Brake Linings 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 4.30 1.39 4.09 3.18 3.51

Rane Brake Linings 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 3.00 2.93 3.51 2.55 2.63

Competitive Comparison of Rane Brake Linings's Dividend Yield %

For the Auto Parts subindustry, Rane Brake Linings'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.


Rane Brake Linings's Dividend Yield % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Rane Brake Linings's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Rane Brake Linings's Dividend Yield % falls into.



Rane Brake Linings Dividend Yield % Calculation

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

Rane Brake Linings Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 30.0000002024-07-152024-07-152024-07-31Cash 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.

Rane Brake Linings's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=30/998.25
=3.01 %

Current Share Price is ₹998.25.
Rane Brake Linings's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹30.

Rane Brake Linings's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=30/998.25
=3.01 %

Current Share Price is ₹998.25.
Rane Brake Linings's Dividends per Share for the forward twelve months is calculated as ₹30 * 1 = ₹30.

* 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.


Rane Brake Linings  (BOM:532987) 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.


Rane Brake Linings Dividend Yield % Related Terms

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


Rane Brake Linings Business Description

Traded in Other Exchanges
Address
Malthri, No. 132, Cathedral Road, Rane Corporate Centre, Chennai, TN, IND, 600 086
Rane Brake Linings Ltd manufactures and markets auto components. The company offers products such as brake linings, disc pads, clutch facings, clutch buttons, brake shoes and railway brake blocks for passenger cars, utility vehicles, commercial vehicles, two-wheelers, and railways. Geographically, it derives a majority of revenue from India and also has a presence in the Rest of the World. It is engaged in activities related to the manufacture and supply of auto components for the transportation industry.

Rane Brake Linings Headlines

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