Lumax Industries Dividends and Buybacks
Dividend criteria checks 4/6
Lumax Industries is a dividend paying company with a current yield of 1.56% that is well covered by earnings.
Key information
1.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 1.8% |
| Dividend Growth | -1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹35.000 |
| Payout ratio | 26% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 517206's dividend payments have been volatile in the past 10 years.
Growing Dividend: 517206's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Lumax Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (517206) | 1.6% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Auto Components) | 0.6% |
| Analyst forecast (517206) (up to 3 years) | 1.8% |
Notable Dividend: 517206's dividend (1.56%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 517206's dividend (1.56%) is in the top 25% of dividend payers in the Indian market (1.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.4%), 517206's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 517206 is paying a dividend but the company has no free cash flows.