Uniparts India Dividend
Dividend criteria checks 4/6
Uniparts India is a dividend paying company with a current yield of 3.72% that is well covered by earnings.
Key information
3.7%
Dividend yield
63%
Payout ratio
Industry average yield | 0.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹28.27 |
Dividend yield forecast in 3Y | 2.6% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether UNIPARTS's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if UNIPARTS's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Uniparts India Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (UNIPARTS) | 3.7% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.1% |
Industry Average (Machinery) | 0.6% |
Analyst forecast in 3 Years (UNIPARTS) | 2.6% |
Notable Dividend: UNIPARTS's dividend (3.72%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: UNIPARTS's dividend (3.72%) is in the top 25% of dividend payers in the Indian market (1.12%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (62.6%), UNIPARTS's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (53.9%), UNIPARTS's dividend payments are covered by cash flows.