Dynamatic Technologies Dividend
Dividend criteria checks 2/6
Dynamatic Technologies is a dividend paying company with a current yield of 0.13% that is well covered by earnings.
Key information
0.1%
Dividend yield
6%
Payout ratio
| Industry average yield | 0.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹10.000 |
| Earnings per share | ₹135.23 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 505242 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 505242's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Dynamatic Technologies Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (505242) | 0.1% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.0% |
| Industry Average (Auto Components) | 0.5% |
| Analyst forecast (505242) (up to 3 years) | n/a |
Notable Dividend: 505242's dividend (0.13%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 505242's dividend (0.13%) is low compared to the top 25% of dividend payers in the Indian market (1.03%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (5.6%), 505242's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.2%), 505242's dividend payments are well covered by cash flows.