Sal Automotive Dividends and Buybacks
Dividend criteria checks 3/6
Sal Automotive is a dividend paying company with a current yield of 0.76% that is well covered by earnings.
Key information
0.8%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -28.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹4.500 |
| Payout ratio | 21% |
Recent dividend and buyback 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 9 years.
Dividend Yield vs Market
| Sal Automotive Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (539353) | 0.8% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Auto Components) | 0.6% |
| Analyst forecast (539353) (up to 3 years) | n/a |
Notable Dividend: 539353's dividend (0.76%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 539353's dividend (0.76%) is low compared to the top 25% of dividend payers in the Indian market (1.12%).
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 (6.2%), 539353's dividend payments are thoroughly covered by cash flows.