Stovec Industries Dividends and Buybacks
Dividend criteria checks 3/6
Stovec Industries is a dividend paying company with a current yield of 4.07%.
Key information
4.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 8.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹115.000 |
| Payout ratio | 179% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 504959's dividend payments have been volatile in the past 10 years.
Growing Dividend: 504959's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Stovec Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (504959) | 4.1% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Machinery) | 0.8% |
| Analyst forecast (504959) (up to 3 years) | n/a |
Notable Dividend: 504959's dividend (4.07%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 504959's dividend (4.07%) is in the top 25% of dividend payers in the Indian market (1.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (178.5%), 504959's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (93.5%), 504959's dividend payments are not well covered by cash flows.