CIE Automotive India Dividend
Dividend criteria checks 3/6
CIE Automotive India is a dividend paying company with a current yield of 1.02% that is well covered by earnings. Next payment date is on 20th July, 2024 with an ex-dividend date of 13th June, 2024.
Key information
1.0%
Dividend yield
24%
Payout ratio
| Industry average yield | 0.7% |
| Next dividend pay date | 20 Jul 24 |
| Ex dividend date | 13 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | ₹21.03 |
| Dividend yield forecast in 3Y | 1.1% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 532756 has been paying a dividend for less than 10 years.
Growing Dividend: 532756's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| CIE Automotive India Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (532756) | 1.0% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Auto Components) | 0.7% |
| Analyst forecast in 3 Years (532756) | 1.1% |
Notable Dividend: 532756's dividend (1.02%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 532756's dividend (1.02%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.8%), 532756's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22.2%), 532756's dividend payments are well covered by cash flows.