Talbros Engineering Dividend
Dividend criteria checks 2/6
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 |
|---|
| 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.