Murudeshwar Ceramics Dividends and Buybacks
Dividend criteria checks 3/6
Murudeshwar Ceramics is a dividend paying company with a current yield of 1.03% that is well covered by earnings.
Key information
1.0%
Dividend yield
-4.6%
Buyback Yield
| Total Shareholder Yield | -3.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹0.500 |
| Payout ratio | 39% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 515037's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 515037's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Murudeshwar Ceramics Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (515037) | 1.0% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Building) | 0.5% |
| Analyst forecast (515037) (up to 3 years) | n/a |
Notable Dividend: 515037's dividend (1.03%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 515037's dividend (1.03%) is low compared to the top 25% of dividend payers in the Indian market (1.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.2%), 515037's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.3%), 515037's dividend payments are well covered by cash flows.