Batliboi is a dividend paying company with a current yield of 0.39% that is well covered by earnings. Next payment date is on 12th September, 2024 with an ex-dividend date of 6th August, 2024.
Key information
0.4%
Dividend yield
16%
Payout ratio
Industry average yield
0.6%
Next dividend pay date
12 Sep 24
Ex dividend date
06 Aug 24
Dividend per share
n/a
Earnings per share
₹2.67
Dividend yield forecast in 3Y
n/a
Recent dividend updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 522004's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 522004's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Batliboi Dividend Yield vs Market
How does 522004 dividend yield compare to the market?
Segment
Dividend Yield
Company (522004)
0.4%
Market Bottom 25% (IN)
0.3%
Market Top 25% (IN)
1.1%
Industry Average (Machinery)
0.6%
Analyst forecast in 3 Years (522004)
n/a
Notable Dividend: 522004's dividend (0.39%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: 522004's dividend (0.39%) is low compared to the top 25% of dividend payers in the Indian market (1.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.8%), 522004's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (72.7%), 522004's dividend payments are covered by cash flows.