JK Tyre & Industries Dividend
Dividend criteria checks 5/6
JK Tyre & Industries is a dividend paying company with a current yield of 1.05% that is well covered by earnings.
Key information
1.1%
Dividend yield
15%
Payout ratio
| Industry average yield | 0.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹4.500 |
| Earnings per share | ₹30.79 |
| Dividend yield forecast | 2.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 530007's dividend payments have been volatile in the past 10 years.
Growing Dividend: 530007's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| JK Tyre & Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (530007) | 1.1% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.0% |
| Industry Average (Auto Components) | 0.5% |
| Analyst forecast (530007) (up to 3 years) | 2.1% |
Notable Dividend: 530007's dividend (1.05%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 530007's dividend (1.05%) is in the top 25% of dividend payers in the Indian market (1.04%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.1%), 530007's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.7%), 530007's dividend payments are thoroughly covered by cash flows.