Waaree Renewable Technologies Ltd stock dividend yield is close to 3-year low.
The historical rank and industry rank for Waaree Renewable Technologies's Dividend Yield % or its related term are showing as below:
BOM:534618'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.01 Med: 0.1 Max: 0.3
Current: 0.01
During the past 13 years, the highest Dividend Yield of Waaree Renewable Technologies was 0.30%. The lowest was 0.01%. And the median was 0.10%.
BOM:534618's Dividend Yield % is ranked worse than 99.58% of 238
companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.21
vs BOM:534618: 0.01
* 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.
Competitive Comparison of Waaree Renewable Technologies's Dividend Yield %
For the Utilities - Renewable subindustry, Waaree Renewable Technologies'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.
Waaree Renewable Technologies's Dividend Yield % Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Waaree Renewable Technologies's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Waaree Renewable Technologies's Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Waaree Renewable Technologies Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
INR 0.200000
2023-09-18
2023-09-20
2023-09-26
Cash Dividend
annually
INR: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.
* 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.
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.
Waaree Renewable Technologies Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Waaree Renewable Technologies's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Waaree Renewable Technologies (BOM:534618) Business Description
Waaree Renewable Technologies Ltd is engaged in the business of generation of power and providing consultancy services. It offers sustainable partnerships by providing renewable energy solutions to industrial, institutional, and commercial sectors and improves their profitability through the long-term renewable power supply. It generates maximum revenue from the EPC Contracts. Its projects include Ground Mounted, Rooftop Solar, and Floating Solar.
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