Wheels India Dividends and Buybacks
Dividend criteria checks 4/6
Wheels India 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 | n/a |
| Dividend Growth | 2.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹7.390 |
| Payout ratio | 29% |
Recent dividend and buyback updates
Wheels India's (NSE:WHEELS) Dividend Is Being Reduced To ₹3.97
Jun 29
Wheels India's (NSE:WHEELS) Dividend Will Be Reduced To ₹3.97
May 21Recent updates
We Think Some Shareholders May Hesitate To Increase Wheels India Limited's (NSE:WHEELS) CEO Compensation
Jul 12Wheels India Limited (NSE:WHEELS) Stock Rockets 26% But Many Are Still Ignoring The Company
May 26Wheels India's (NSE:WHEELS) Dividend Is Being Reduced To ₹3.97
Jun 29Wheels India's (NSE:WHEELS) Dividend Will Be Reduced To ₹3.97
May 21Is Wheels India (NSE:WHEELS) Using Too Much Debt?
Feb 15Capital Allocation Trends At Wheels India (NSE:WHEELS) Aren't Ideal
Oct 22It's Unlikely That Shareholders Will Increase Wheels India Limited's (NSE:WHEELS) Compensation By Much This Year
Jul 28Is Wheels India (NSE:WHEELS) A Risky Investment?
Jul 13Some Investors May Be Worried About Wheels India's (NSE:WHEELS) Returns On Capital
May 18A Look At Wheels India's (NSE:WHEELS) Share Price Returns
Mar 19Investors In Wheels India Limited (NSE:WHEELS) Should Consider This, First
Feb 16
Is Wheels India (NSE:WHEELS) A Risky Investment?
Jan 19Our Take On The Returns On Capital At Wheels India (NSE:WHEELS)
Dec 21If You Had Bought Wheels India's (NSE:WHEELS) Shares Three Years Ago You Would Be Down 50%
Nov 23Stability and Growth of Payments
Fetching dividends data
Stable Dividend: WHEELS's dividend payments have been volatile in the past 10 years.
Growing Dividend: WHEELS's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Wheels India Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (WHEELS) | 1.1% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Auto Components) | 0.6% |
| Analyst forecast (WHEELS) (up to 3 years) | n/a |
Notable Dividend: WHEELS's dividend (1.06%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: WHEELS's dividend (1.06%) is low compared to the top 25% of dividend payers in the Indian market (1.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.8%), WHEELS's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.6%), WHEELS's dividend payments are thoroughly covered by cash flows.