Bimetal Bearings Dividend
Dividend criteria checks 4/6
Bimetal Bearings is a dividend paying company with a current yield of 1.91% that is well covered by earnings.
Key information
1.9%
Dividend yield
43%
Payout ratio
Industry average yield | 0.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹23.11 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 505681's dividend payments have been volatile in the past 10 years.
Growing Dividend: 505681's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Bimetal Bearings Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (505681) | 1.9% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Machinery) | 0.6% |
Analyst forecast in 3 Years (505681) | n/a |
Notable Dividend: 505681's dividend (1.91%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 505681's dividend (1.91%) is in the top 25% of dividend payers in the Indian market (1.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.9%), 505681's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (140.2%), 505681's dividend payments are not well covered by cash flows.