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Cochin Shipyard (NSE:COCHINSHIP) Dividend Yield % : 0.68% (As of May. 05, 2024)


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What is Cochin Shipyard Dividend Yield %?

As of today (2024-05-05), the Trailing Annual Dividend Yield of Cochin Shipyard is 0.68%.

Warning Sign:

Cochin Shipyard Ltd stock dividend yield is close to 10-year low.

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

NSE:COCHINSHIP' s Dividend Yield % Range Over the Past 10 Years
Min: 0.67   Med: 3.7   Max: 8.01
Current: 0.68

During the past 12 years, the highest Dividend Yield of Cochin Shipyard was 8.01%. The lowest was 0.67%. And the median was 3.70%.

NSE:COCHINSHIP's Dividend Yield % is ranked worse than
70.29% of 138 companies
in the Aerospace & Defense industry
Industry Median: 1.06 vs NSE:COCHINSHIP: 0.68

Cochin Shipyard's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.43.

During the past 12 years, the highest Dividend Payout Ratio of Cochin Shipyard was 0.89. The lowest was 0.31. And the median was 0.39.

As of today (2024-05-05), the Forward Dividend Yield % of Cochin Shipyard is 0.95%.

Cochin Shipyard's Dividends per Share for the three months ended in Dec. 2023 was ₹4.00.

During the past 12 months, Cochin Shipyard's average Dividends Per Share Growth Rate was 1.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.70% per year.

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Cochin Shipyard was 8.90% per year. The lowest was 6.70% per year. And the median was 7.80% per year.

The growth rate is calculated with least square regression.

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


Cochin Shipyard Dividend Yield % Historical Data

The historical data trend for Cochin Shipyard'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.

Cochin Shipyard Dividend Yield % Chart

Cochin Shipyard 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 3.03 5.49 7.48 5.27 3.73

Cochin Shipyard 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 3.32 3.73 3.14 1.91 1.85

Competitive Comparison of Cochin Shipyard's Dividend Yield %

For the Aerospace & Defense subindustry, Cochin Shipyard'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.


Cochin Shipyard's Dividend Yield % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Cochin Shipyard's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Cochin Shipyard's Dividend Yield % falls into.



Cochin Shipyard Dividend Yield % Calculation

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

Cochin Shipyard Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 3.5000002024-02-122024-02-122024-02-27Cash DividendquarterlyINR:INR 1.000000
INR 4.0000002023-11-202023-11-202023-12-05Cash DividendquarterlyINR:INR 1.000000
INR 1.5000002023-09-212023-09-222023-10-26Cash DividendquarterlyINR: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.

Cochin Shipyard's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=9/1321.90
=0.68 %

Current Share Price is ₹1321.90.
Cochin Shipyard's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹9.

Cochin Shipyard's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=14/1321.90
=1.06 %

Current Share Price is ₹1321.90.
Cochin Shipyard's Dividends per Share for the forward twelve months is calculated as ₹3.5 * 4 = ₹14.

* 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.


Cochin Shipyard  (NSE:COCHINSHIP) 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.


Cochin Shipyard Dividend Yield % Related Terms

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


Cochin Shipyard (NSE:COCHINSHIP) Business Description

Traded in Other Exchanges
Address
Administrative Building, Cochin Shipyard Premises, Perumanoor, Ernakulam, Kochi, KL, IND, 682 015
Cochin Shipyard Ltd is an Indian-based company engaged in the business activities of Shipbuilding and Ship repair. The company has two operating segments, namely, Shipbuilding and Repair of Ships/Offshore Structures. It generates maximum revenue from the Shipbuilding segment. The Shipbuilding segment offers products such as Oil Tankers, Bulk Carriers, Electric Passenger Ferries, Pax Vessels, Tugs, Aircraft Carriers, Pollution Control Vessels, and many more. The Ship repair segment includes maintenance and repair of all types of vessels including Tankers, Bulk Carriers, Aircraft Carriers, Defense Vessels, and all kinds of Commercial and Specialized vessels.

Cochin Shipyard (NSE:COCHINSHIP) Headlines

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