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Greenpanel Industries (NSE:GREENPANEL) Dividend Yield % : 0.47% (As of Jun. 20, 2024)


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What is Greenpanel Industries Dividend Yield %?

As of today (2024-06-20), the Trailing Annual Dividend Yield of Greenpanel Industries is 0.47%.

Good Sign:

Greenpanel Industries Ltd stock dividend yield is close to 1-year high.

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

NSE:GREENPANEL' s Dividend Yield % Range Over the Past 10 Years
Min: 0.25   Med: 0.42   Max: 0.56
Current: 0.47

During the past 7 years, the highest Dividend Yield of Greenpanel Industries was 0.56%. The lowest was 0.25%. And the median was 0.42%.

NSE:GREENPANEL's Dividend Yield % is ranked worse than
92.22% of 167 companies
in the Forest Products industry
Industry Median: 2.61 vs NSE:GREENPANEL: 0.47

Greenpanel Industries's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.63.

During the past 7 years, the highest Dividend Payout Ratio of Greenpanel Industries was 0.18. The lowest was 0.07. And the median was 0.08.

As of today (2024-06-20), the Forward Dividend Yield % of Greenpanel Industries is 0.47%.

Greenpanel Industries's Dividends per Share for the three months ended in Mar. 2024 was ₹1.50.

The growth rate is calculated with least square regression.

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


Greenpanel Industries Dividend Yield % Historical Data

The historical data trend for Greenpanel 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.

Greenpanel Industries Dividend Yield % Chart

Greenpanel Industries Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Yield %
Get a 7-Day Free Trial - - 0.26 0.55 0.48

Greenpanel Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 0.45 0.55 0.39 0.35 0.48

Competitive Comparison of Greenpanel Industries's Dividend Yield %

For the Lumber & Wood Production subindustry, Greenpanel 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.


Greenpanel Industries's Dividend Yield % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Greenpanel Industries's Dividend Yield % distribution charts can be found below:

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



Greenpanel Industries Dividend Yield % Calculation

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

Greenpanel Industries Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 1.5000002024-02-092024-02-092024-03-01Cash 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.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.5/320.35
=0.47 %

Current Share Price is ₹320.35.
Greenpanel Industries's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹1.5.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.5/320.35
=0.47 %

Current Share Price is ₹320.35.
Greenpanel Industries's Dividends per Share for the forward twelve months is calculated as ₹1.5 * 1 = ₹1.5.

* 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.


Greenpanel Industries  (NSE:GREENPANEL) 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.


Greenpanel Industries Dividend Yield % Related Terms

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


Greenpanel Industries (NSE:GREENPANEL) Business Description

Traded in Other Exchanges
Address
163, S.P. Mukherjee Road, Thapar House, 2nd Floor, Kolkata, WB, IND, 700 026
Greenpanel Industries Ltd is a manufacturer of wood panels. It offers products such as Medium Density Fibre Boards, Plywood, Block Boards, Veneers, Wood Floors, and Doors. The operating segment of the company includes Plywood and allied products and Medium density fibreboards and allied products. The company generates maximum revenue from Medium density fibreboards and allied products segment. Geographically, it derives a majority of its revenue from India.

Greenpanel Industries (NSE:GREENPANEL) Headlines

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