Steel Strips Wheels Dividends and Buybacks
Dividend criteria checks 4/6
Steel Strips Wheels is a dividend paying company with a current yield of 0.49% that is well covered by earnings.
Key information
0.5%
Dividend yield
-0.03%
Buyback Yield
| Total Shareholder Yield | 0.5% |
| Future Dividend Yield | 1.1% |
| Dividend Growth | -8.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹1.000 |
| Payout ratio | 2% |
Recent dividend and buyback updates
Recent updates
Increases to CEO Compensation Might Be Put On Hold For Now at Steel Strips Wheels Limited (NSE:SSWL)
Sep 23
Steel Strips Wheels' (NSE:SSWL) Shareholders Should Assess Earnings With Caution
May 31Sentiment Still Eluding Steel Strips Wheels Limited (NSE:SSWL)
Jan 16Returns On Capital Are A Standout For Steel Strips Wheels (NSE:SSWL)
Jul 20Steel Strips Wheels (NSE:SSWL) Has A Pretty Healthy Balance Sheet
Dec 26We Like Steel Strips Wheels' (NSE:SSWL) Returns And Here's How They're Trending
Apr 05Steel Strips Wheels (NSE:SSWL) Has A Pretty Healthy Balance Sheet
Jan 11Steel Strips Wheels (NSE:SSWL) Will Be Hoping To Turn Its Returns On Capital Around
Jun 07Investors Who Bought Steel Strips Wheels (NSE:SSWL) Shares Five Years Ago Are Now Up 121%
Mar 17The Returns At Steel Strips Wheels (NSE:SSWL) Provide Us With Signs Of What's To Come
Feb 23Is Steel Strips Wheels (NSE:SSWL) A Risky Investment?
Feb 02How Many Steel Strips Wheels Limited (NSE:SSWL) Shares Did Insiders Buy, In The Last Year?
Jan 12
What Kind Of Shareholders Hold The Majority In Steel Strips Wheels Limited's (NSE:SSWL) Shares?
Dec 22Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SSWL's dividend payments have been volatile in the past 10 years.
Growing Dividend: SSWL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Steel Strips Wheels Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SSWL) | 0.5% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Auto Components) | 0.6% |
| Analyst forecast (SSWL) (up to 3 years) | 1.1% |
Notable Dividend: SSWL's dividend (0.49%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: SSWL's dividend (0.49%) is low compared to the top 25% of dividend payers in the Indian market (1.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (2.3%), SSWL's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (16.7%), SSWL's dividend payments are well covered by cash flows.