Metroglobal Payout ratio
What is the Payout ratio of Metroglobal?
The Payout ratio of Metroglobal Limited is 49.13%
What is the definition of Payout ratio?
Payout ratio is the fraction of earnings paid in dividends to stockholders.
ttm (trailing twelve months)
The payout ratio is calculated by dividing the dividends paid out by the net earnings for a certain period. It is usually expressed as a percentage. The part of the earnings not paid to investors is left for investment to provide for future earnings growth. Investors seeking high current income and limited capital growth prefer companies with high payout ratio. However investors seeking capital growth may prefer lower payout ratio because capital gains are taxed at a lower rate. High growth firms in early life generally have low or zero payout ratios. As they mature, they tend to return more of the earnings back to investors.
Payout ratio of companies in the Materials sector on BSE compared to Metroglobal
What does Metroglobal do?
MetroGlobal Limited operates in the dyes and dyes intermediates manufacturing, infrastructure and reality, and trading and finance businesses in India. The company trades in basic and specialty chemicals, dye intermediates, solvents, mineral ores, textile fabrics, ferrous and non-ferrous metals, and plastic granules, as well as precious metals, including silver and gold. It also develops residential buildings, row houses, commercial complexes, shopping malls, sheds, plots, and godowns. The company was formerly known as Global Boards Limited and changed its name to MetroGlobal Limited in September 2011. MetroGlobal Limited was incorporated in 1992 and is headquartered in Ahmedabad, India.
Companies with payout ratio similar to Metroglobal
- Tesco Plc has Payout ratio of 48.99%
- Kering SA has Payout ratio of 49.03%
- Pearson plc has Payout ratio of 49.04%
- Air Liquide SA has Payout ratio of 49.07%
- Sandridge Inc has Payout ratio of 49.09%
- Taubman Centers has Payout ratio of 49.09%
- Metroglobal has Payout ratio of 49.13%
- Elbit Systems has Payout ratio of 49.14%
- Vidhi Specialty Food Ingredients has Payout ratio of 49.15%
- Union Pacific has Payout ratio of 49.16%
- First Horizon has Payout ratio of 49.18%
- AVIC International (HK) has Payout ratio of 49.19%
- Legrand SA has Payout ratio of 49.19%