Talbros Engineering is a dividend paying company with a current yield of 0.76% that is well covered by earnings. Next payment date is on 30th October, 2024 with an ex-dividend date of 23rd September, 2024.
Key information
0.8%
Dividend yield
11%
Payout ratio
Industry average yield
0.5%
Next dividend pay date
30 Oct 24
Ex dividend date
23 Sep 24
Dividend per share
₹5.000
Earnings per share
₹35.47
Dividend yield forecast
n/a
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 538987 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 538987's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Talbros Engineering Dividend Yield vs Market
How does 538987 dividend yield compare to the market?
Segment
Dividend Yield
Company (538987)
0.8%
Market Bottom 25% (IN)
0.2%
Market Top 25% (IN)
1.1%
Industry Average (Auto Components)
0.5%
Analyst forecast (538987) (up to 3 years)
n/a
Notable Dividend: 538987's dividend (0.76%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 538987's dividend (0.76%) is low compared to the top 25% of dividend payers in the Indian market (1.05%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.4%), 538987's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 538987 is paying a dividend but the company has no free cash flows.