Elgi Equipments Limited
BSE:522074 Stock Report
Elgi Equipments Dividends and Buybacks
Dividend criteria checks 5/6
Elgi Equipments is a dividend paying company with a current yield of 0.34% that is well covered by earnings.
Key information
| Total Shareholder Yield | 0.4% |
| Future Dividend Yield | 0.7% |
| Dividend Growth | -6.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹2.000 |
| Payout ratio | 20% |
Recent dividend and buyback updates
Stability and Growth of Payments
Stable Dividend: 522074's dividends per share have been stable in the past 10 years.
Growing Dividend: 522074's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Elgi Equipments Dividend Yield vs Market |
|---|
How does 522074 dividend yield compare to the market?| Segment | Dividend Yield |
|---|
| Company (522074) | 0.3% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Machinery) | 0.8% |
| Analyst forecast (522074) (up to 3 years) | 0.7% |
Notable Dividend: 522074's dividend (0.34%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 522074's dividend (0.34%) is low compared to the top 25% of dividend payers in the Indian market (1.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.3%), 522074's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.7%), 522074's dividend payments are well covered by cash flows.
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