Munjal Showa Dividend
Dividend criteria checks 6/6
Munjal Showa is a dividend paying company with a current yield of 2.76% that is well covered by earnings.
Key information
2.8%
Dividend yield
56%
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 | ₹11.04 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 520043's dividends per share have been stable in the past 10 years.
Growing Dividend: 520043's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Munjal Showa Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (520043) | 2.8% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Auto Components) | 0.7% |
Analyst forecast in 3 Years (520043) | n/a |
Notable Dividend: 520043's dividend (2.76%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 520043's dividend (2.76%) is in the top 25% of dividend payers in the Indian market (1.18%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56.4%), 520043's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (46.7%), 520043's dividend payments are well covered by cash flows.