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Ice Make Refrigeration (NSE:ICEMAKE) Dividend Yield % : 0.23% (As of Dec. 12, 2024)


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What is Ice Make Refrigeration Dividend Yield %?

As of today (2024-12-12), the Trailing Annual Dividend Yield of Ice Make Refrigeration is 0.23%.

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

NSE:ICEMAKE' s Dividend Yield % Range Over the Past 10 Years
Min: 0.2   Med: 1.09   Max: 4.23
Current: 0.23

During the past 12 years, the highest Dividend Yield of Ice Make Refrigeration was 4.23%. The lowest was 0.20%. And the median was 1.09%.

NSE:ICEMAKE's Dividend Yield % is ranked worse than
93.84% of 1947 companies
in the Industrial Products industry
Industry Median: 1.68 vs NSE:ICEMAKE: 0.23

Ice Make Refrigeration's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.66.

During the past 12 years, the highest Dividend Payout Ratio of Ice Make Refrigeration was 0.47. The lowest was 0.09. And the median was 0.23.

As of today (2024-12-12), the Forward Dividend Yield % of Ice Make Refrigeration is 0.23%.

Ice Make Refrigeration's Dividends per Share for the three months ended in Sep. 2024 was ₹2.00.

During the past 12 months, Ice Make Refrigeration's average Dividends Per Share Growth Rate was 11.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 14.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.80% per year.

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Ice Make Refrigeration was 14.50% per year. The lowest was 6.30% per year. And the median was 10.40% 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.


Ice Make Refrigeration Dividend Yield % Historical Data

The historical data trend for Ice Make Refrigeration'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.

Ice Make Refrigeration Dividend Yield % Chart

Ice Make Refrigeration 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 3.61 1.80 1.24 0.46 0.38

Ice Make Refrigeration Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.32 0.29 0.38 0.21 0.29

Competitive Comparison of Ice Make Refrigeration's Dividend Yield %

For the Specialty Industrial Machinery subindustry, Ice Make Refrigeration'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.


Ice Make Refrigeration's Dividend Yield % Distribution in the Industrial Products Industry

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

* The bar in red indicates where Ice Make Refrigeration's Dividend Yield % falls into.



Ice Make Refrigeration Dividend Yield % Calculation

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

Ice Make Refrigeration Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 2.0000002024-09-202024-09-222024-10-07Cash 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.

Ice Make Refrigeration's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2/852.25
=0.23 %

Current Share Price is ₹852.25.
Ice Make Refrigeration's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹2.

Ice Make Refrigeration's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2/852.25
=0.23 %

Current Share Price is ₹852.25.
Ice Make Refrigeration's Dividends per Share for the forward twelve months is calculated as ₹2 * 1 = ₹2.

* 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.


Ice Make Refrigeration  (NSE:ICEMAKE) 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.


Ice Make Refrigeration Dividend Yield % Related Terms

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


Ice Make Refrigeration Business Description

Traded in Other Exchanges
N/A
Address
226, Gota-Vadsar Road, Dantali Industrial Estate, Taluka Kalol, Dantali, Near Ahmedabad City, Gandhinagar, GJ, IND, 382721
Ice Make Refrigeration Ltd is a refrigeration equipment manufacturer, engaged in providing cooling solutions. The company's only operating segment being the Manufacturing of Cold Rooms, Freezer, Refrigeration Systems, and chilling Plant. It serves dairy, ice cream, food processing, agriculture, pharmaceuticals, cold chain, logistics, hospitals, hospitality, retail, and other industries. Its product offering includes Bulk Milk Chiller, Curd Incubation Chamber, Glass Door Display Chiller, Mortuary Chamber, Refrigerated Container, and other related products.

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