As of today (2024-12-13), the Trailing Annual Dividend Yield of Lumax Industries is 1.43%.
Good Sign:
Lumax Industries Ltd stock dividend yield is close to 3-year high.
The historical rank and industry rank for Lumax Industries's Dividend Yield % or its related term are showing as below:
NSE:LUMAXIND'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.36 Med: 1.08 Max: 6.05
Current: 1.43
During the past 13 years, the highest Dividend Yield of Lumax Industries was 6.05%. The lowest was 0.36%. And the median was 1.08%.
NSE:LUMAXIND's Dividend Yield % is ranked worse than 68.68% of 843
companies
in the Vehicles & Parts industry
Industry Median: 2.45
vs NSE:LUMAXIND: 1.43
During the past 12 months, Lumax Industries's average Dividends Per Share Growth Rate was 29.60% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 65.10% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -8.50% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Lumax Industries was 81.70% per year. The lowest was -36.40% per year. And the median was 9.50% 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.
Lumax Industries Dividend Yield % Historical Data
The historical data trend for Lumax 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.
Competitive Comparison of Lumax Industries's Dividend Yield %
For the Auto Parts subindustry, Lumax 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.
Lumax Industries's Dividend Yield % Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Lumax Industries's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Lumax Industries's Dividend Yield % falls into.
Lumax Industries Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Lumax Industries Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
INR 35.000000
2024-09-09
2024-09-10
2024-10-04
Cash Dividend
annually
INR: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.
Lumax Industries's Trailing Annual Dividend Yield (%) for Today 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.
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.
Thank you for viewing the detailed overview of Lumax Industries's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Lumax Industries Ltd is engaged in the business of manufacturing various types of Automotive lighting equipment for four wheelers and two wheeler applications in India .The Company's business activity falls within a single business segment which is manufacturing and trading of Automotive Components. It provides automotive lighting equipment that includes head lamps, tail lamps, sundry lamps, and auxiliary lamps. Geographically, the company caters its services to domestic and overseas market, of which a majority of revenue is derived within India.
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