As of today (2024-04-24), the Trailing Annual Dividend Yield of Grasim Industries is 0.00%.
The historical rank and industry rank for Grasim Industries's Dividend Yield % or its related term are showing as below:
During the past 13 years, the highest Dividend Yield of Grasim Industries was 1.54%. The lowest was 0.25%. And the median was 0.57%.
GRSXY's Dividend Yield % is not ranked *
in the Building Materials industry.
Industry Median: 3.265 * Ranked among companies with meaningful Dividend Yield % only.
Grasim Industries's Dividend Payout Ratio for the
three
months ended in Dec. 2023 was 0.00.
During the past 13 years, the highest Dividend Payout Ratio of Grasim Industries was 0.15. The lowest was 0.05. And the median was 0.09.
Grasim Industries's Dividends per Share for the
three
months ended in Dec. 2023 was $0.00.
During the past 12 months, Grasim Industries's average Dividends Per Share Growth Rate was 100.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -10.60% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -4.70% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 2.30% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Grasim Industries was 23.30% per year. The lowest was -14.20% per year. And the median was -7.20% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Grasim Industries Dividend Yield % Historical Data
The historical data trend for Grasim 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.
For the Building Materials subindustry, Grasim 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.
Grasim Industries Dividend Yield % Distribution
For the Building Materials industry and Basic Materials sector, Grasim Industries's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Grasim Industries's Dividend Yield % falls into.
Grasim Industries Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Grasim Industries Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.121
2023-08-18
2023-08-21
2023-09-01
Cash Dividend
annually
USD:USD 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.
Grasim Industries's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.121
/
19.61
=
0.62 %
Current Share Price is $19.61.
Grasim Industries's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.121.
* 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 Grasim Industries's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Grasim Industries (Grasim Industries) Business Description
Grasim Industries Ltd is a cement and viscose staple fibre (VSF) manufacturing firm based in India. The activities of the group fall under the operating segments of Viscose, Chemicals, Cement, Financial Services, and Others. It derives key revenue from the Cement segment which covers products like Grey Cement, White Cement and allied products. The viscose segment includes products such as Viscose Staple Fibre, Wood Pulp and Viscose Filament Yarn. Through the Chemicals segment, the group offers Caustic soda, Allied chemicals and Epoxy. Geographically, the company has a business presence in India and other countries, of which maximum revenue is generated within India.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
GRSXY has been successfully added to your 