Wardwizard Innovations & Mobility Dividends and Buybacks
Dividend criteria checks 2/6
Wardwizard Innovations & Mobility is a dividend paying company with a current yield of 0.36% that is well covered by earnings.
Key information
0.4%
Dividend yield
-0.0002%
Buyback Yield
| Total Shareholder Yield | 0.4% |
| Future Dividend Yield | n/a |
| Dividend Growth | 39.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹0.150 |
| Payout ratio | 29% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 538970 has been paying a dividend for less than 10 years.
Growing Dividend: 538970's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Wardwizard Innovations & Mobility Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (538970) | 0.4% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Auto) | 0.9% |
| Analyst forecast (538970) (up to 3 years) | n/a |
Notable Dividend: 538970's dividend (0.36%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 538970's dividend (0.36%) is low compared to the top 25% of dividend payers in the Indian market (1.14%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.1%), 538970's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 538970 is paying a dividend but the company has no free cash flows.