Lumax Auto Technologies Dividends and Buybacks
Dividend criteria checks 4/6
Lumax Auto Technologies is a dividend paying company with a current yield of 1.07% that is well covered by earnings.
Key information
1.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 2.9% |
| Dividend Growth | -6.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹5.500 |
| Payout ratio | 29% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 532796's dividend payments have been volatile in the past 10 years.
Growing Dividend: 532796's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Lumax Auto Technologies Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (532796) | 1.1% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Auto Components) | 0.6% |
| Analyst forecast (532796) (up to 3 years) | 2.9% |
Notable Dividend: 532796's dividend (1.07%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 532796's dividend (1.07%) is low compared to the top 25% of dividend payers in the Indian market (1.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.8%), 532796's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.6%), 532796's dividend payments are well covered by cash flows.