Divgi TorqTransfer Systems Dividend
Dividend criteria checks 2/6
Divgi TorqTransfer Systems is a dividend paying company with a current yield of 0.38% that is well covered by earnings.
Key information
0.4%
Dividend yield
20%
Payout ratio
Industry average yield | 0.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | ₹2.600 |
Earnings per share | ₹12.99 |
Dividend yield forecast in 3Y | 0.7% |
Recent dividend updates
Divgi 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 28Recent updates
Divgi 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) | 0.3% |
Market Top 25% (IN) | 1.1% |
Industry Average (Auto Components) | 0.6% |
Analyst forecast in 3 Years (DIVGIITTS) | 0.7% |
Notable Dividend: DIVGIITTS's dividend (0.38%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: DIVGIITTS's dividend (0.38%) is low compared to the top 25% of dividend payers in the Indian market (1.11%).
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: DIVGIITTS is paying a dividend but the company has no free cash flows.