Motherson Sumi Wiring India Dividend
Dividend criteria checks 4/6
Motherson Sumi Wiring India is a dividend paying company with a current yield of 1.19% that is well covered by earnings.
Key information
1.2%
Dividend yield
55%
Payout ratio
| Industry average yield | 0.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹0.800 |
| Earnings per share | ₹1.50 |
| Dividend yield forecast | 2.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 543498 has been paying a dividend for less than 10 years.
Growing Dividend: 543498's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Motherson Sumi Wiring India Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (543498) | 1.2% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Auto Components) | 0.5% |
| Analyst forecast (543498) (up to 3 years) | 2.2% |
Notable Dividend: 543498's dividend (1.19%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 543498's dividend (1.19%) is in the top 25% of dividend payers in the Indian market (1.06%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.4%), 543498's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (52%), 543498's dividend payments are covered by cash flows.