The historical rank and industry rank for Shri Hare-Krishna Sponge Iron's Dividend Yield % or its related term are showing as below:
NSE:SHKSIL's Dividend Yield % is not ranked *
in the Steel industry.
Industry Median: 2.81 * Ranked among companies with meaningful Dividend Yield % only.
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.
Shri Hare-Krishna Sponge Iron (NSE:SHKSIL) 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.
* 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.
Shri Hare-Krishna Sponge Iron Dividend Yield % Chart
NSE:SHKSIL vs NUE, STLD, RS: Dividend Yield % Comparison
For the Steel subindustry, Shri Hare-Krishna Sponge Iron'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.
Shri Hare-Krishna Sponge Iron Dividend Yield % vs Steel Industry
For the Steel industry and Basic Materials sector, Shri Hare-Krishna Sponge Iron's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Shri Hare-Krishna Sponge Iron's Dividend Yield % falls into.
Shri Hare-Krishna Sponge Iron (NSE:SHKSIL) has a Dividend Yield % of 0.00% as of Jul. 13, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Shri Hare-Krishna Sponge Iron and its competitors. According to the industry distribution chart, Shri Hare-Krishna Sponge Iron ranks #999999 out of 318 companies in the Steel industry.
Is Shri Hare-Krishna Sponge Iron's Dividend Yield % too high?
Shri Hare-Krishna Sponge Iron's current Dividend Yield % is 0.00%. Based on the distribution chart, Shri Hare-Krishna Sponge Iron ranks #999999 out of 318 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Shri Hare-Krishna Sponge Iron has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Shri Hare-Krishna Sponge Iron's Dividend Yield % compare to NUE and STLD?
According to the Steel industry distribution chart, Shri Hare-Krishna Sponge Iron ranks #999999 out of 318 companies for Dividend Yield %. This places Shri Hare-Krishna Sponge Iron in the lower half of its industry. The industry median Dividend Yield % is 2.81. 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 Steel company?
The median Dividend Yield % among Steel companies is 2.81, based on 318 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 Shri Hare-Krishna Sponge Iron and its competitors. For the Steel industry, the median Dividend Yield % is 2.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shri Hare-Krishna Sponge Iron'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 Shri Hare-Krishna Sponge Iron stock overvalued right now?
Shri Hare-Krishna Sponge Iron (NSE:SHKSIL) has a current Dividend Yield % of 0.00%. The current Dividend Yield % is 0.00%. Shri Hare-Krishna Sponge Iron's overall GF Score™ is 31/100 with 7 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 Shri Hare-Krishna Sponge Iron (NSE:SHKSIL), the current Dividend Yield % is 0.00% as of Jul. 13, 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.
Shri Hare-Krishna Sponge Iron Business Description
Shri Hare-Krishna Sponge Iron Ltd is engaged in the business of manufacturing and selling of Sponge Iron. Sponge iron is mainly used as a raw material for steel production in electric arc furnaces and induction furnaces. Through its sponge iron business, it caters to the metallic requirements of steel producers in selected geographies.
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