Sal Automotive Dividend
Dividend criteria checks 3/6
Sal Automotive is a dividend paying company with a current yield of 0.68% that is well covered by earnings.
Key information
0.7%
Dividend yield
21%
Payout ratio
| Industry average yield | 0.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹4.500 |
| Earnings per share | ₹20.02 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 539353 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 539353's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Sal Automotive Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (539353) | 0.7% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Auto Components) | 0.5% |
| Analyst forecast (539353) (up to 3 years) | n/a |
Notable Dividend: 539353's dividend (0.68%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 539353's dividend (0.68%) 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 (21.2%), 539353's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (16%), 539353's dividend payments are well covered by cash flows.