Balkrishna Industries Dividend
Dividend criteria checks 4/6
Balkrishna Industries is a dividend paying company with a current yield of 0.69% that is well covered by earnings.
Key information
0.7%
Dividend yield
25%
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 | ₹64.38 |
Dividend yield forecast in 3Y | 1.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 502355's dividend payments have been volatile in the past 10 years.
Growing Dividend: 502355's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Balkrishna Industries Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (502355) | 0.7% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Auto Components) | 0.7% |
Analyst forecast in 3 Years (502355) | 1.3% |
Notable Dividend: 502355's dividend (0.69%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: 502355's dividend (0.69%) is low compared to the top 25% of dividend payers in the Indian market (1.2%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.9%), 502355's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39.9%), 502355's dividend payments are well covered by cash flows.