Divgi TorqTransfer Systems Dividends and Buybacks
Dividend criteria checks 2/6
Divgi TorqTransfer Systems is a dividend paying company with a current yield of 0.4% that is well covered by earnings.
Key information
0.4%
Dividend yield
-9.0%
Buyback Yield
| Total Shareholder Yield | -8.6% |
| Future Dividend Yield | 0.7% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹2.600 |
| Payout ratio | 20% |
Recent dividend and buyback updates
Divgi TorqTransfer Systems (NSE:DIVGIITTS) Has Announced That Its Dividend Will Be Reduced To ₹2.60
Jul 13
Divgi TorqTransfer Systems' (NSE:DIVGIITTS) Dividend Will Be Reduced To ₹2.60
Jun 28Recent updates
Be Wary Of Divgi TorqTransfer Systems (NSE:DIVGIITTS) And Its Returns On Capital
Oct 12Divgi TorqTransfer Systems (NSE:DIVGIITTS) Has Announced That Its Dividend Will Be Reduced To ₹2.60
Jul 13Divgi TorqTransfer Systems' (NSE:DIVGIITTS) Dividend Will Be Reduced To ₹2.60
Jun 28Divgi TorqTransfer Systems' (NSE:DIVGIITTS) Shareholders Have More To Worry About Than Only Soft Earnings
Jun 01Divgi TorqTransfer Systems Limited's (NSE:DIVGIITTS) Share Price Matching Investor Opinion
Mar 13Why Divgi TorqTransfer Systems' (NSE:DIVGIITTS) Shaky Earnings Are Just The Beginning Of Its Problems
Nov 09Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether DIVGIITTS's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if DIVGIITTS's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Divgi TorqTransfer Systems Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DIVGIITTS) | 0.4% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Auto Components) | 0.6% |
| Analyst forecast (DIVGIITTS) (up to 3 years) | 0.7% |
Notable Dividend: DIVGIITTS's dividend (0.4%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: DIVGIITTS's dividend (0.4%) is low compared to the top 25% of dividend payers in the Indian market (1.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20%), DIVGIITTS's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (175.4%), DIVGIITTS's dividend payments are not well covered by cash flows.