G N A Axles Dividend
Dividend criteria checks 2/6
G N A Axles is a dividend paying company with a current yield of 0.73% that is well covered by earnings.
Key information
0.7%
Dividend yield
10%
Payout ratio
Industry average yield | 0.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹27.31 |
Dividend yield forecast in 3Y | 1.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 540124 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 540124's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
G N A Axles Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (540124) | 0.7% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Auto Components) | 0.7% |
Analyst forecast in 3 Years (540124) | 1.2% |
Notable Dividend: 540124's dividend (0.73%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 540124's dividend (0.73%) is low compared to the top 25% of dividend payers in the Indian market (1.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.9%), 540124's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 540124 is paying a dividend but the company has no free cash flows.