Automotive Axles Dividend
Dividend criteria checks 5/6
Automotive Axles is a dividend paying company with a current yield of 1.51% that is well covered by earnings.
Key information
1.5%
Dividend yield
29%
Payout ratio
Industry average yield | 0.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹109.95 |
Dividend yield forecast in 3Y | 1.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 505010's dividend payments have been volatile in the past 10 years.
Growing Dividend: 505010's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Automotive Axles Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (505010) | 1.5% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.1% |
Industry Average (Auto Components) | 0.5% |
Analyst forecast in 3 Years (505010) | 1.7% |
Notable Dividend: 505010's dividend (1.51%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 505010's dividend (1.51%) is in the top 25% of dividend payers in the Indian market (1.11%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.1%), 505010's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (20.1%), 505010's dividend payments are well covered by cash flows.