Sharda Motor Industries Dividend
Dividend criteria checks 4/6
Sharda Motor Industries is a dividend paying company with a current yield of 0.45% that is well covered by earnings.
Key information
0.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -14.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹9.920 |
| Payout ratio | 10% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 535602's dividend payments have been volatile in the past 10 years.
Growing Dividend: 535602's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Sharda Motor Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (535602) | 0.5% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Auto Components) | 0.6% |
| Analyst forecast (535602) (up to 3 years) | n/a |
Notable Dividend: 535602's dividend (0.45%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 535602's dividend (0.45%) is low compared to the top 25% of dividend payers in the Indian market (1.09%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.8%), 535602's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (9.6%), 535602's dividend payments are thoroughly covered by cash flows.