As of today (2024-05-02), the Trailing Annual Dividend Yield of Sundaram Fasteners is 0.51%.
Good Sign:
Sundaram Fasteners Ltd stock dividend yield is close to 1-year high.
The historical rank and industry rank for Sundaram Fasteners's Dividend Yield % or its related term are showing as below:
NSE:SUNDRMFAST'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.16 Med: 0.81 Max: 2.79
Current: 0.51
During the past 13 years, the highest Dividend Yield of Sundaram Fasteners was 2.79%. The lowest was 0.16%. And the median was 0.81%.
NSE:SUNDRMFAST's Dividend Yield % is ranked worse than 88.09% of 806
companies
in the Vehicles & Parts industry
Industry Median: 2.23
vs NSE:SUNDRMFAST: 0.51
During the past 12 months, Sundaram Fasteners's average Dividends Per Share Growth Rate was -3.10% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -21.00% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -2.50% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 13.50% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Sundaram Fasteners was 62.20% per year. The lowest was -34.80% per year. And the median was 14.05% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Sundaram Fasteners Dividend Yield % Historical Data
The historical data trend for Sundaram Fasteners'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 Sundaram Fasteners's Dividend Yield %
For the Auto Parts subindustry, Sundaram Fasteners'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.
Sundaram Fasteners's Dividend Yield % Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Sundaram Fasteners's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Sundaram Fasteners's Dividend Yield % falls into.
Sundaram Fasteners Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Sundaram Fasteners Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
INR 2.680000
2023-11-16
2023-11-16
2023-12-01
Cash Dividend
semi-annually
INR:INR 1.000000
INR 3.060000
2023-05-16
2023-05-16
2023-06-01
Cash Dividend
semi-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.
Sundaram Fasteners'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 Sundaram Fasteners's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Sundaram Fasteners (NSE:SUNDRMFAST) Business Description
Sundaram Fasteners Ltd is an Indian producer of fasteners and metal components used in the automotive and industrial industries. The product range consists of high-tensile fasteners, powder metal components, cold extruded parts, hot forged components, radiator caps, automotive pumps, gear shifters, gears and couplings, hubs, and shafts, tappets, and iron powder. Sundaram Fasteners is part of the TVS Group. Its geographical segments are India, the United States, the United Kingdom, China, and the Rest of the World. Majority of the company's revenue is derived from India segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NSE:SUNDRMFAST has been successfully added to your 