G N A Axles Dividends and Buybacks
Dividend criteria checks 2/6
G N A Axles is a dividend paying company with a current yield of 0.51% that is well covered by earnings.
Key information
0.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 1.0% |
| Dividend Growth | 2.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹2.000 |
| Payout ratio | 9% |
Recent dividend and buyback 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (540124) | 0.5% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Auto Components) | 0.6% |
| Analyst forecast (540124) (up to 3 years) | 1.0% |
Notable Dividend: 540124's dividend (0.51%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 540124's dividend (0.51%) is low compared to the top 25% of dividend payers in the Indian market (1.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (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.