Banco Products (India) Dividend
Dividend criteria checks 3/6
Banco Products (India) is a dividend paying company with a current yield of 6.42%.
Key information
6.4%
Dividend yield
96%
Payout ratio
Industry average yield | 0.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹35.55 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 500039's dividend payments have been volatile in the past 10 years.
Growing Dividend: 500039's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Banco Products (India) Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (500039) | 6.4% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Auto Components) | 0.7% |
Analyst forecast in 3 Years (500039) | n/a |
Notable Dividend: 500039's dividend (6.42%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 500039's dividend (6.42%) is in the top 25% of dividend payers in the Indian market (1.18%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (95.6%), 500039's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (120.5%), 500039's dividend payments are not well covered by cash flows.