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Kanco Tea & Industries (BOM:541005) Dividend Yield % : 1.43% (As of May. 22, 2024)


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What is Kanco Tea & Industries Dividend Yield %?

As of today (2024-05-22), the Trailing Annual Dividend Yield of Kanco Tea & Industries is 1.43%.

Good Sign:

Kanco Tea & Industries Ltd stock dividend yield is close to 3-year high.

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

BOM:541005' s Dividend Yield % Range Over the Past 10 Years
Min: 0.98   Med: 2.7   Max: 7.15
Current: 1.43

During the past 13 years, the highest Dividend Yield of Kanco Tea & Industries was 7.15%. The lowest was 0.98%. And the median was 2.70%.

BOM:541005's Dividend Yield % is ranked worse than
70.52% of 1099 companies
in the Consumer Packaged Goods industry
Industry Median: 2.27 vs BOM:541005: 1.43

Kanco Tea & Industries's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Kanco Tea & Industries was 6.61. The lowest was 0.04. And the median was 0.40.

As of today (2024-05-22), the Forward Dividend Yield % of Kanco Tea & Industries is 1.43%.

Kanco Tea & Industries's Dividends per Share for the three months ended in Dec. 2023 was ₹0.00.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Kanco Tea & Industries was -20.60% per year. The lowest was -33.10% per year. And the median was -26.85% per year.

The growth rate is calculated with least square regression.

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


Kanco Tea & Industries Dividend Yield % Historical Data

The historical data trend for Kanco Tea & 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.

Kanco Tea & Industries Dividend Yield % Chart

Kanco Tea & Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.65 - - 1.23 1.44

Kanco Tea & Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.04 1.44 1.37 1.30 1.31

Competitive Comparison of Kanco Tea & Industries's Dividend Yield %

For the Farm Products subindustry, Kanco Tea & 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.


Kanco Tea & Industries's Dividend Yield % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kanco Tea & Industries's Dividend Yield % distribution charts can be found below:

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



Kanco Tea & Industries Dividend Yield % Calculation

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

Kanco Tea & Industries Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 1.0000002023-07-202023-07-210000-00-00Cash 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.

Kanco Tea & Industries's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1/68.84
=1.45 %

Current Share Price is ₹68.84.
Kanco Tea & Industries's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹1.

Kanco Tea & Industries's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=/68.84
=0.00 %

Current Share Price is ₹68.84.
Kanco Tea & 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.


Kanco Tea & Industries  (BOM:541005) 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.


Kanco Tea & Industries Dividend Yield % Related Terms

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


Kanco Tea & Industries (BOM:541005) Business Description

Traded in Other Exchanges
N/A
Address
31, Shakespeare Sarani, Jasmine Tower, 3rd Floor, Kolkata, WB, IND, 700 017
Kanco Tea & Industries Ltd is an India-based company operating in the tea industry. It is mainly engaged in the cultivation, manufacturing, and selling of tea. The company generates its revenue from the sale of its product- black tea.

Kanco Tea & Industries (BOM:541005) Headlines

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