Bimetal Bearings Dividends and Buybacks
Dividend criteria checks 4/6
Bimetal Bearings is a dividend paying company with a current yield of 1.83% that is well covered by earnings.
Key information
1.8%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -0.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹12.500 |
| Payout ratio | 47% |
Recent dividend and buyback 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (505681) | 1.8% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Machinery) | 0.7% |
| Analyst forecast (505681) (up to 3 years) | n/a |
Notable Dividend: 505681's dividend (1.83%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 505681's dividend (1.83%) is in the top 25% of dividend payers in the Indian market (1.08%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47%), 505681's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 505681 is paying a dividend but the company has no free cash flows.