Snowman Logistics Dividend yield
What is the Dividend yield of Snowman Logistics?
The Dividend yield of Snowman Logistics Limited is 1.22%
What is the definition of Dividend yield?
Dividend yield represents the ratio between dividends paid out to shareholders per share and the market price per share over a trailing year.
= ttm (trailing twelve months) dividend rate / previous day’s close
The dividend yield or dividend-price ratio of a share is the dividend per share, divided by the price per share. It is also a company's total annual dividend payments divided by its market capitalization, assuming the number of shares is constant, and is often expressed as a percentage. The reciprocal of the dividend yield is the price-dividend ratio.
A higher dividend yield has been considered to be desirable among many investors. A high dividend yield can be considered to be evidence that a stock is underpriced or that the company has fallen on hard times and future dividends will not be as high as previous ones. Similarly a low dividend yield can be considered evidence that the stock is overpriced or that future dividends might be higher. Some investors may find a higher dividend yield attractive, for instance as an aid to marketing a fund to retail investors, or maybe because they cannot get their hands on the capital, which may be tied up in a trust arrangement. In contrast some investors may find a higher dividend yield unattractive, perhaps because it increases their tax bill.
Dividend yield of companies in the Industrials sector on NSE compared to Snowman Logistics
What does Snowman Logistics do?
Snowman Logistics Limited provides temperature-controlled logistics services in India. It operates through three segments: Warehousing Services, Transportation Services, and Consignment Agency Services. The company offers warehousing solutions and services, including ambient, chilled, frozen, and blast freezing facilities. It also provides primary transportation services, such as door-to-door, customized milk run, and part cargo consolidation services; and secondary transportation services comprising last mile distribution. The company operates a fleet of approximately 289 refrigerated vehicles. In addition, it offers retail distribution through a consignment agency services. Further, the company offers value added services, which include kitting, labelling, sorting, stuffing, and de-stuffing of containers, repacking, and bulk breaking; and sorts, grades, packs, and washes selected fruits and vegetables. It serves pharmaceuticals, meat and poultry, seafood, fruits and vegetables, ice cream, confectionery, dairy products, QSRs, ready-to-eat, and processed foods industries. The company was formerly known as Snowman Frozen Foods Limited and changed its name to Snowman Logistics Limited in March 2011. Snowman Logistics Limited was incorporated in 1993 and is based in Bengaluru, India.
Companies with dividend yield similar to Snowman Logistics
- Greaves Cotton has Dividend yield of 1.22%
- CSP has Dividend yield of 1.22%
- Willis Lease Finance has Dividend yield of 1.22%
- Toray Industries has Dividend yield of 1.22%
- Cochlear has Dividend yield of 1.22%
- Goa Carbon has Dividend yield of 1.22%
- Snowman Logistics has Dividend yield of 1.22%
- Godrej Agrovet has Dividend yield of 1.22%
- Northrop Grumman has Dividend yield of 1.22%
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- Good PLC has Dividend yield of 1.23%
- Chubb has Dividend yield of 1.23%