Kennametal India Dividends and Buybacks
Dividend criteria checks 3/6
Kennametal India is a dividend paying company with a current yield of 0.98% that is well covered by earnings.
Key information
1.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 1.9% |
| Dividend Growth | 18.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹30.000 |
| Payout ratio | 60% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 505890 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 505890's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Kennametal India Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (505890) | 1.0% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Machinery) | 0.8% |
| Analyst forecast (505890) (up to 3 years) | 1.9% |
Notable Dividend: 505890's dividend (0.98%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 505890's dividend (0.98%) is low compared to the top 25% of dividend payers in the Indian market (1.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.7%), 505890's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (77.7%), 505890's dividend payments are covered by cash flows.