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Prakash Steelage (NSE:PRAKASHSTL) Dividend Yield % : 0.00% (As of Sep. 24, 2024)


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What is Prakash Steelage Dividend Yield %?

As of today (2024-09-24), the Trailing Annual Dividend Yield of Prakash Steelage is 0.00%.

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

During the past 13 years, the highest Dividend Yield of Prakash Steelage was 13.16%. The lowest was 0.00%. And the median was 1.00%.

NSE:PRAKASHSTL's Dividend Yield % is not ranked *
in the Steel industry.
Industry Median: 3.06
* Ranked among companies with meaningful Dividend Yield % only.

Prakash Steelage's Dividend Payout Ratio for the three months ended in Jun. 2024 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Prakash Steelage was 0.08. The lowest was 0.08. And the median was 0.08.

As of today (2024-09-24), the Forward Dividend Yield % of Prakash Steelage is 0.00%.

Prakash Steelage's Dividends per Share for the three months ended in Jun. 2024 was ₹0.00.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Prakash Steelage was -20.60% per year. The lowest was -20.60% per year. And the median was -20.60% 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.


Prakash Steelage Dividend Yield % Historical Data

The historical data trend for Prakash Steelage'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.

Prakash Steelage Dividend Yield % Chart

Prakash Steelage Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Yield %
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Prakash Steelage Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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Competitive Comparison of Prakash Steelage's Dividend Yield %

For the Steel subindustry, Prakash Steelage'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.


Prakash Steelage's Dividend Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Prakash Steelage's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Prakash Steelage's Dividend Yield % falls into.



Prakash Steelage Dividend Yield % Calculation

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


Prakash Steelage  (NSE:PRAKASHSTL) 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.


Prakash Steelage Dividend Yield % Related Terms

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Prakash Steelage Business Description

Traded in Other Exchanges
Address
28, Sindhi Lane, Nanubhai Desai Road, 101, 1st Floor, Shatrunjay Apartment, Mumbai, MH, IND, 400 004
Prakash Steelage Ltd is a company, which is predominantly related to the manufacturing and trading of stainless steel tubes and pipes. Its products are available in various conditions, such as welded, Annealed/Unanneled, Bright Annealed, Annealed and Pickled, U-Bent, Bead Rolled, and Straight Lengths. Geographically all the business activity of the group is operated through the region of India.

Prakash Steelage Headlines

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