Rane Brake Lining Dividends and Buybacks
Dividend criteria checks 4/6
Rane Brake Lining is a dividend paying company with a current yield of 3.38% that is well covered by earnings.
Key information
3.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 4.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹30.000 |
| Payout ratio | 58% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 532987's dividend payments have been volatile in the past 10 years.
Growing Dividend: 532987's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Rane Brake Lining Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (532987) | 3.4% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Auto Components) | 0.6% |
| Analyst forecast (532987) (up to 3 years) | n/a |
Notable Dividend: 532987's dividend (3.38%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 532987's dividend (3.38%) is in the top 25% of dividend payers in the Indian market (1.14%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.6%), 532987's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (139.5%), 532987's dividend payments are not well covered by cash flows.