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Somi Conveyor Beltings (BOM:533001) Dividend Yield % : 0.00% (As of Jun. 09, 2024)


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What is Somi Conveyor Beltings Dividend Yield %?

As of today (2024-06-09), the Trailing Annual Dividend Yield of Somi Conveyor Beltings is 0.00%.

The historical rank and industry rank for Somi Conveyor Beltings's Dividend Yield % or its related term are showing as below:

During the past 13 years, the highest Dividend Yield of Somi Conveyor Beltings was 4.42%. The lowest was 1.36%. And the median was 1.99%.

BOM:533001's Dividend Yield % is not ranked *
in the Industrial Products industry.
Industry Median: 1.88
* Ranked among companies with meaningful Dividend Yield % only.

Somi Conveyor Beltings'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 Somi Conveyor Beltings was 33.33. The lowest was 0.37. And the median was 16.85.

As of today (2024-06-09), the Forward Dividend Yield % of Somi Conveyor Beltings is 0.00%.

Somi Conveyor Beltings'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.


Somi Conveyor Beltings Dividend Yield % Historical Data

The historical data trend for Somi Conveyor Beltings'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.

Somi Conveyor Beltings Dividend Yield % Chart

Somi Conveyor Beltings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Yield %
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Somi Conveyor Beltings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Somi Conveyor Beltings's Dividend Yield %

For the Specialty Industrial Machinery subindustry, Somi Conveyor Beltings'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.


Somi Conveyor Beltings's Dividend Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Somi Conveyor Beltings's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Somi Conveyor Beltings's Dividend Yield % falls into.



Somi Conveyor Beltings Dividend Yield % Calculation

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


Somi Conveyor Beltings  (BOM:533001) 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.


Somi Conveyor Beltings Dividend Yield % Related Terms

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Somi Conveyor Beltings (BOM:533001) Business Description

Traded in Other Exchanges
Address
New Power House Road, 4 F-15, Oliver House, Near Bank of India, Jodhpur, IND, 342003
Somi Conveyor Beltings Ltd is a company engaged in the manufacture and sale of industrial conveyor belts. It offers products for the cement, sponge iron, power, and mining sectors. The product line of the company provides general-purpose, heat-resistant, fire-resistant, and oil-resistant conveyor belts. It also offers special-purpose conveyor belts, such as bulletproof, chevron, rough top, pipe conveyor, and fusion belts, as well as rubber sheets and mattings, maintenance conveyor belts, and steel cord beltings. The company operates in one single segment which is Manufacturing conveyor belts and generates revenue from the same.

Somi Conveyor Beltings (BOM:533001) Headlines

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