Jamna Auto Industries Dividends and Buybacks
Dividend criteria checks 4/6
Jamna Auto Industries is a dividend paying company with a current yield of 2.37% that is well covered by earnings. Next payment date is on 14th December, 2024 with an ex-dividend date of 28th November, 2024.
Key information
2.4%
Dividend yield
-0.01%
Buyback Yield
| Total Shareholder Yield | 2.4% |
| Future Dividend Yield | 3.1% |
| Dividend Growth | 5.8% |
| Next dividend pay date | 14 Dec 24 |
| Ex dividend date | 28 Nov 24 |
| Dividend per share | ₹2.300 |
| Payout ratio | 26% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 520051's dividend payments have been volatile in the past 10 years.
Growing Dividend: 520051's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Jamna Auto Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (520051) | 2.4% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Machinery) | 0.8% |
| Analyst forecast (520051) (up to 3 years) | 3.1% |
Notable Dividend: 520051's dividend (2.37%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 520051's dividend (2.37%) is in the top 25% of dividend payers in the Indian market (1.14%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.5%), 520051's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 520051 is paying a dividend but the company has no free cash flows.