SKF India Dividend
Dividend criteria checks 3/6
SKF India is a dividend paying company with a current yield of 2.32%.
Key information
2.3%
Dividend yield
116%
Payout ratio
Industry average yield | 0.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | ₹130.000 |
Earnings per share | ₹111.61 |
Dividend yield forecast in 3Y | 0.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 500472's dividend payments have been volatile in the past 10 years.
Growing Dividend: 500472's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
SKF India Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (500472) | 2.3% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.1% |
Industry Average (Machinery) | 0.7% |
Analyst forecast in 3 Years (500472) | 0.5% |
Notable Dividend: 500472's dividend (2.32%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 500472's dividend (2.32%) is in the top 25% of dividend payers in the Indian market (1.09%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (116.5%), 500472's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (130.2%), 500472's dividend payments are not well covered by cash flows.