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Meera Industries (BOM:540519) Dividend Yield % : 1.66% (As of Apr. 07, 2025)


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What is Meera Industries Dividend Yield %?

As of today (2025-04-07), the Trailing Annual Dividend Yield of Meera Industries is 1.66%.

Good Sign:

Meera Industries Ltd stock Dividend Yield % is close to 3-year high.

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

BOM:540519' s Dividend Yield % Range Over the Past 10 Years
Min: 0.38   Med: 0.93   Max: 2.24
Current: 1.66

During the past 13 years, the highest Dividend Yield of Meera Industries was 2.24%. The lowest was 0.38%. And the median was 0.93%.

BOM:540519's Dividend Yield % is ranked worse than
55.74% of 1943 companies
in the Industrial Products industry
Industry Median: 1.92 vs BOM:540519: 1.66

Meera Industries's Dividend Payout Ratio for the three months ended in Dec. 2024 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Meera Industries was 4.66. The lowest was 0.11. And the median was 0.31.

As of today (2025-04-07), the Forward Dividend Yield % of Meera Industries is 1.66%.

Meera Industries's Dividends per Share for the three months ended in Dec. 2024 was ₹0.00.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Meera Industries was 33.90% per year. The lowest was -15.60% per year. And the median was 9.15% 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.


Meera Industries Dividend Yield % Historical Data

The historical data trend for Meera 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.

* Premium members only.

Meera Industries Dividend Yield % Chart

Meera Industries 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 3.74 0.71 1.20 1.40 -

Meera Industries Quarterly Data
Sep19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - - - 0.44 0.66

Competitive Comparison of Meera Industries's Dividend Yield %

For the Specialty Industrial Machinery subindustry, Meera 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.


Meera Industries's Dividend Yield % Distribution in the Industrial Products Industry

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

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


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Meera Industries Dividend Yield % Calculation

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

Meera Industries Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 0.5000002025-02-212025-02-210000-00-00Cash Dividendsemi-annuallyINR:INR 1.000000
INR 0.5000002024-08-232024-08-230000-00-00Cash 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.

Meera Industries's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1/60.21
=1.66 %

Current Share Price is ₹60.21.
Meera Industries's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹1.

Meera Industries's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=/60.21
=0.00 %

Current Share Price is ₹60.21.
Meera Industries's Dividends per Share for the forward twelve months is calculated as * = .

* 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.


Meera Industries  (BOM:540519) 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.


Meera Industries Dividend Yield % Related Terms

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


Meera Industries Business Description

Traded in Other Exchanges
N/A
Address
2126, Road No. 2 GIDC, Sachin, Surat, GJ, IND, 394230
Meera Industries Ltd is engaged in the production of textile twisting machinery and technology. The product portfolio includes Two for one twister, a Servo-controlled cop winder, a Cone-assembly winder, a Ring twister, a covering machine, TPRS twister machine, and a Heavy-duty twister and cabler machine, and a Continuous bulk and heat setting machine. Its operating segment includes the Machine division, Plastic division, and Yarn division. The company generates maximum revenue from the Machine division segment. Geographically, it derives a majority of its revenue from India.

Meera Industries Headlines

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