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Mazagon Dock Shipbuilders (NSE:MAZDOCK) Dividend Yield % : 0.72% (As of Dec. 12, 2024)


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What is Mazagon Dock Shipbuilders Dividend Yield %?

As of today (2024-12-12), the Trailing Annual Dividend Yield of Mazagon Dock Shipbuilders is 0.72%.

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

NSE:MAZDOCK' s Dividend Yield % Range Over the Past 10 Years
Min: 0.39   Med: 1.4   Max: 5.93
Current: 0.72

During the past 8 years, the highest Dividend Yield of Mazagon Dock Shipbuilders was 5.93%. The lowest was 0.39%. And the median was 1.40%.

NSE:MAZDOCK's Dividend Yield % is ranked worse than
61.29% of 155 companies
in the Aerospace & Defense industry
Industry Median: 0.96 vs NSE:MAZDOCK: 0.72

Mazagon Dock Shipbuilders's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.42.

During the past 8 years, the highest Dividend Payout Ratio of Mazagon Dock Shipbuilders was 0.29. The lowest was 0.18. And the median was 0.21.

As of today (2024-12-12), the Forward Dividend Yield % of Mazagon Dock Shipbuilders is 0.72%.

Mazagon Dock Shipbuilders's Dividends per Share for the three months ended in Sep. 2024 was ₹12.11.

During the past 12 months, Mazagon Dock Shipbuilders's average Dividends Per Share Growth Rate was 72.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 60.10% per year.

During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of Mazagon Dock Shipbuilders was 60.10% per year. The lowest was 60.10% per year. And the median was 60.10% 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.


Mazagon Dock Shipbuilders Dividend Yield % Historical Data

The historical data trend for Mazagon Dock Shipbuilders'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.

Mazagon Dock Shipbuilders Dividend Yield % Chart

Mazagon Dock Shipbuilders Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Yield %
Get a 7-Day Free Trial - 2.55 3.73 1.62 1.19

Mazagon Dock Shipbuilders 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 0.73 0.97 1.19 0.52 0.65

Competitive Comparison of Mazagon Dock Shipbuilders's Dividend Yield %

For the Aerospace & Defense subindustry, Mazagon Dock Shipbuilders'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.


Mazagon Dock Shipbuilders's Dividend Yield % Distribution in the Aerospace & Defense Industry

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

* The bar in red indicates where Mazagon Dock Shipbuilders's Dividend Yield % falls into.



Mazagon Dock Shipbuilders Dividend Yield % Calculation

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

Mazagon Dock Shipbuilders Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 23.1900002024-10-302024-10-302024-11-18Cash Dividendsemi-annuallyINR:INR 1.000000
INR 12.1100002024-09-192024-09-202024-10-21Cash Dividendsemi-annuallyINR: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.

Mazagon Dock Shipbuilders's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=35.3/4955.75
=0.71 %

Current Share Price is ₹4955.75.
Mazagon Dock Shipbuilders's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹35.3.

Mazagon Dock Shipbuilders's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=46.38/4955.75
=0.94 %

Current Share Price is ₹4955.75.
Mazagon Dock Shipbuilders's Dividends per Share for the forward twelve months is calculated as ₹23.19 * 2 = ₹46.38.

* 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.


Mazagon Dock Shipbuilders  (NSE:MAZDOCK) 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.


Mazagon Dock Shipbuilders Dividend Yield % Related Terms

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


Mazagon Dock Shipbuilders Business Description

Traded in Other Exchanges
Address
Dockyard Road, Mazagon, Mumbai, MH, IND, 400 010
Mazagon Dock Shipbuilders Ltd is a defense public sector undertaking shipyard under the Ministry of Defence. The Company is engaged in building and repairing of ships, submarines, various types of vessels, and related engineering products for its customers. The company's activities are the construction of warships, submarines, and merchant ships with facilities situated in Mumbai and Nhava.

Mazagon Dock Shipbuilders Headlines

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