Bharat Bijlee Limited
BSE:503960 Stock Report
Bharat Bijlee Dividends and Buybacks
Dividend criteria checks 3/6
Bharat Bijlee is a dividend paying company with a current yield of 0.93% that is well covered by earnings.
Key information
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 12.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹35.000 |
| Payout ratio | 30% |
Recent dividend and buyback updates
Stability and Growth of Payments
Stable Dividend: 503960 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 503960's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Bharat Bijlee Dividend Yield vs Market |
|---|
How does 503960 dividend yield compare to the market?| Segment | Dividend Yield |
|---|
| Company (503960) | 0.9% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Electrical) | 0.3% |
| Analyst forecast (503960) (up to 3 years) | n/a |
Notable Dividend: 503960's dividend (0.93%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 503960's dividend (0.93%) is low compared to the top 25% of dividend payers in the Indian market (1.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.1%), 503960's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.5%), 503960's dividend payments are well covered by cash flows.
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