Le Merite ExportsNSE:LEMERITE -3.15%63 Dividend Yield % is 0.00% as of Jun. 26, 2026. GuruFocus rates NSE:LEMERITE with a GF Score™ of 63/100 and a GF Value™ of ₹33.94 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 523 Manufacturing - Apparel & Accessories companies, Le Merite Exports ranks worse than 191204.4% on this metric.
As of today (2026-06-26), the Trailing Annual Dividend Yield of Le Merite Exports is 0.00%.
The historical rank and industry rank for Le Merite Exports's Dividend Yield % or its related term are showing as below:
NSE:LEMERITE's Dividend Yield % is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 2.83 * Ranked among companies with meaningful Dividend Yield % only.
During the past 12 months, Le Merite Exports's average Dividends Per Share Growth Rate was -100.00% 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.
Le Merite Exports (NSE:LEMERITE) 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.
Le Merite Exports Dividend Yield % Historical Data
* Premium members only.
The historical data trend for Le Merite Exports'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.
Le Merite Exports Dividend Yield % Competitor Comparison
For the Textile Manufacturing subindustry, Le Merite Exports'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.
Le Merite Exports Dividend Yield % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Le Merite Exports's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Le Merite Exports's Dividend Yield % falls into.
Le Merite Exports (NSE:LEMERITE) has a Dividend Yield % of 0.00% as of Jun. 26, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Le Merite Exports and its competitors. According to the industry distribution chart, Le Merite Exports ranks #999999 out of 523 companies in the Manufacturing - Apparel & Accessories industry.
Is Le Merite Exports' Dividend Yield % too high?
Le Merite Exports' current Dividend Yield % is 0.00%. Based on the distribution chart, Le Merite Exports ranks #999999 out of 523 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Le Merite Exports has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Le Merite Exports' Dividend Yield % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Le Merite Exports ranks #999999 out of 523 companies for Dividend Yield %. This places Le Merite Exports in the lower half of its industry. The industry median Dividend Yield % is 2.83. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Yield % for a Manufacturing - Apparel & Accessories company?
The median Dividend Yield % among Manufacturing - Apparel & Accessories companies is 2.83, based on 523 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Le Merite Exports and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Dividend Yield % is 2.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Le Merite Exports's current Dividend Yield % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Le Merite Exports stock overvalued right now?
Based on GuruFocus' analysis, Le Merite Exports (NSE:LEMERITE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹33.94, compared to a current price of ₹24.28 — trading 28.5% below its estimated fair value. The current Dividend Yield % is 0.00%. Le Merite Exports' overall GF Score™ is 63/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Le Merite Exports (NSE:LEMERITE), the current Dividend Yield % is 0.00% as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Le Merite Exports (NSE:LEMERITE) Overvalued in 2026?
Based on GuruFocus' analysis, Le Merite Exports stock appears to be undervalued.
The current stock price of ₹24.28 is trading 28.5% below its estimated GF Value™ of ₹33.94.
GuruFocus considers Le Merite Exports to be Modestly Undervalued.
Key valuation signals for NSE:LEMERITE:
Dividend Yield %: 0.00%
GF Value™: ₹33.94 vs. price of ₹24.28 (28.5% below fair value)
No single metric tells the full story. See the NSE:LEMERITE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Le Merite Exports Ltd is engaged in the manufacturing and trading of textile products namely cotton yarn, greige fabric, and finished fabric for domestic and export sales. The reportable segment for the Company is textile business.
63GF Score
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