Lumax Auto Technologies Dividends and Buybacks
Dividend criteria checks 4/6
Lumax Auto Technologies is a dividend paying company with a current yield of 1.06% that is well covered by earnings.
Key information
1.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 2.9% |
| Dividend Growth | -6.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹5.500 |
| Payout ratio | 29% |
Recent dividend and buyback updates
Recent updates
Market Might Still Lack Some Conviction On Lumax Auto Technologies Limited (NSE:LUMAXTECH) Even After 27% Share Price Boost
Jul 05
Further Upside For Lumax Auto Technologies Limited (NSE:LUMAXTECH) Shares Could Introduce Price Risks After 27% Bounce
Feb 20₹457 - That's What Analysts Think Lumax Auto Technologies Limited (NSE:LUMAXTECH) Is Worth After These Results
Feb 17Is Lumax Auto Technologies (NSE:LUMAXTECH) Using Too Much Debt?
Sep 27Are Lumax Auto Technologies Limited (NSE:LUMAXTECH) Investors Paying Above The Intrinsic Value?
Sep 09What Does Lumax Auto Technologies Limited's (NSE:LUMAXTECH) Share Price Indicate?
Jun 23Does This Valuation Of Lumax Auto Technologies Limited (NSE:LUMAXTECH) Imply Investors Are Overpaying?
May 08Here's Why We Think Lumax Auto Technologies (NSE:LUMAXTECH) Is Well Worth Watching
Feb 24When Should You Buy Lumax Auto Technologies Limited (NSE:LUMAXTECH)?
Jan 08Lumax Auto Technologies (NSE:LUMAXTECH) Has Some Way To Go To Become A Multi-Bagger
Dec 13Lumax Auto Technologies' (NSE:LUMAXTECH) Dividend Will Be Increased To ₹3.00
Aug 08Here's What's Concerning About Lumax Auto Technologies' (NSE:LUMAXTECH) Returns On Capital
Jul 19Does Lumax Auto Technologies Limited (NSE:LUMAXTECH) Have A Place In Your Dividend Portfolio?
May 06Lumax Auto Technologies (NSE:LUMAXTECH) Will Be Hoping To Turn Its Returns On Capital Around
Mar 26Have Insiders Been Buying Lumax Auto Technologies Limited (NSE:LUMAXTECH) Shares?
Mar 15Should You Think About Buying Lumax Auto Technologies Limited (NSE:LUMAXTECH) Now?
Mar 01Rainbows and Unicorns: Lumax Auto Technologies Limited (NSE:LUMAXTECH) Analysts Just Became A Lot More Optimistic
Feb 17Do Insiders Own Lots Of Shares In Lumax Auto Technologies Limited (NSE:LUMAXTECH)?
Feb 10
Would Lumax Auto Technologies Limited (NSE:LUMAXTECH) Be Valuable To Income Investors?
Jan 30Did You Participate In Any Of Lumax Auto Technologies' (NSE:LUMAXTECH) Fantastic 134% Return ?
Jan 19Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LUMAXTECH's dividend payments have been volatile in the past 10 years.
Growing Dividend: LUMAXTECH's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Lumax Auto Technologies Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LUMAXTECH) | 1.1% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Auto Components) | 0.6% |
| Analyst forecast (LUMAXTECH) (up to 3 years) | 2.9% |
Notable Dividend: LUMAXTECH's dividend (1.06%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: LUMAXTECH's dividend (1.06%) is low compared to the top 25% of dividend payers in the Indian market (1.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.8%), LUMAXTECH's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.6%), LUMAXTECH's dividend payments are well covered by cash flows.