Balkrishna Industries Dividends and Buybacks
Dividend criteria checks 4/6
Balkrishna Industries is a dividend paying company with a current yield of 0.59% that is well covered by earnings. Next payment date is on 24th November, 2024 with an ex-dividend date of 31st October, 2024.
Key information
0.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 1.2% |
| Dividend Growth | 3.4% |
| Next dividend pay date | 24 Nov 24 |
| Ex dividend date | 31 Oct 24 |
| Dividend per share | ₹16.000 |
| Payout ratio | 19% |
Recent dividend and buyback 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) | 0.6% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Auto Components) | 0.6% |
| Analyst forecast (502355) (up to 3 years) | 1.2% |
Notable Dividend: 502355's dividend (0.59%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 502355's dividend (0.59%) is low compared to the top 25% of dividend payers in the Indian market (1.14%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19%), 502355's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (45.4%), 502355's dividend payments are well covered by cash flows.