Mysore Petro Chemicals Dividend
Dividend criteria checks 4/6
Mysore Petro Chemicals is a dividend paying company with a current yield of 1.36% that is well covered by earnings.
Key information
1.4%
Dividend yield
8%
Payout ratio
Industry average yield | 0.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹16.54 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 506734's dividend payments have been volatile in the past 10 years.
Growing Dividend: 506734's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Mysore Petro Chemicals Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (506734) | 1.4% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Trade Distributors) | 0.1% |
Analyst forecast in 3 Years (506734) | n/a |
Notable Dividend: 506734's dividend (1.36%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 506734's dividend (1.36%) is in the top 25% of dividend payers in the Indian market (1.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (7.9%), 506734's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 506734 is paying a dividend but the company has no free cash flows.