SNL Bearings Dividend
Dividend criteria checks 4/6
SNL Bearings is a dividend paying company with a current yield of 1.78% that is well covered by earnings.
Key information
1.8%
Dividend yield
29%
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 | ₹20.16 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 505827 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 505827's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
SNL Bearings Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (505827) | 1.8% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Machinery) | 0.6% |
Analyst forecast in 3 Years (505827) | n/a |
Notable Dividend: 505827's dividend (1.78%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 505827's dividend (1.78%) is in the top 25% of dividend payers in the Indian market (1.18%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.7%), 505827's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (66.1%), 505827's dividend payments are covered by cash flows.