Motherson Sumi Wiring India Dividend
Dividend criteria checks 4/6
Motherson Sumi Wiring India is a dividend paying company with a current yield of 1.12% that is well covered by earnings. Next payment date is on 29th September, 2024 with an ex-dividend date of 14th August, 2024.
Key information
1.1%
Dividend yield
55%
Payout ratio
| Industry average yield | 0.6% |
| Next dividend pay date | 29 Sep 24 |
| Ex dividend date | 14 Aug 24 |
| Dividend per share | ₹0.800 |
| Earnings per share | ₹1.50 |
| Dividend yield forecast in 3Y | 2.1% |
Recent dividend updates
Motherson Sumi Wiring India (NSE:MSUMI) Is Paying Out A Larger Dividend Than Last Year
Aug 09
Motherson Sumi Wiring India (NSE:MSUMI) Is Due To Pay A Dividend Of ₹0.65
Aug 07Motherson Sumi Wiring India's (NSE:MSUMI) Dividend Will Be ₹0.65
Jul 24Recent updates
Motherson Sumi Wiring India (NSE:MSUMI) Is Paying Out A Larger Dividend Than Last Year
Aug 09Motherson Sumi Wiring India Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Aug 08Motherson Sumi Wiring India Limited (NSE:MSUMI) Investors Are Less Pessimistic Than Expected
Jul 16Do Motherson Sumi Wiring India's (NSE:MSUMI) Earnings Warrant Your Attention?
May 11Capital Investments At Motherson Sumi Wiring India (NSE:MSUMI) Point To A Promising Future
Mar 27Here's Why Motherson Sumi Wiring India (NSE:MSUMI) Can Manage Its Debt Responsibly
Feb 20Here's Why Motherson Sumi Wiring India (NSE:MSUMI) Has Caught The Eye Of Investors
Feb 02Does Motherson Sumi Wiring India (NSE:MSUMI) Deserve A Spot On Your Watchlist?
Oct 20Motherson Sumi Wiring India (NSE:MSUMI) Is Due To Pay A Dividend Of ₹0.65
Aug 07Motherson Sumi Wiring India's (NSE:MSUMI) Dividend Will Be ₹0.65
Jul 24Here's Why Motherson Sumi Wiring India (NSE:MSUMI) Has Caught The Eye Of Investors
Jun 24Capital Allocation Trends At Motherson Sumi Wiring India (NSE:MSUMI) Aren't Ideal
Apr 04Earnings Miss: Motherson Sumi Wiring India Limited Missed EPS By 7.5% And Analysts Are Revising Their Forecasts
Nov 03Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, MSUMI has been paying a dividend for less than 10 years.
Growing Dividend: MSUMI'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 (MSUMI) | 1.1% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Auto Components) | 0.6% |
| Analyst forecast in 3 Years (MSUMI) | 2.1% |
Notable Dividend: MSUMI's dividend (1.12%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: MSUMI's dividend (1.12%) is in the top 25% of dividend payers in the Indian market (1.11%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.4%), MSUMI's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (52%), MSUMI's dividend payments are covered by cash flows.