Kennametal India Dividend
Dividend criteria checks 3/6
Kennametal India is a dividend paying company with a current yield of 0.91% that is well covered by earnings.
Key information
0.9%
Dividend yield
67%
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 | ₹45.04 |
Dividend yield forecast in 3Y | 1.5% |
Recent dividend 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 |
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Segment | Dividend Yield |
---|---|
Company (505890) | 0.9% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.1% |
Industry Average (Machinery) | 0.6% |
Analyst forecast in 3 Years (505890) | 1.5% |
Notable Dividend: 505890's dividend (0.91%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: 505890's dividend (0.91%) is low compared to the top 25% of dividend payers in the Indian market (1.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (66.6%), 505890's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (62.2%), 505890's dividend payments are covered by cash flows.