Solitaire Machine Tools Dividend
Dividend criteria checks 4/6
Solitaire Machine Tools is a dividend paying company with a current yield of 1.79% that is well covered by earnings.
Key information
1.8%
Dividend yield
43%
Payout ratio
Industry average yield | 0.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹3.92 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 522152's dividend payments have been volatile in the past 10 years.
Growing Dividend: 522152's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Solitaire Machine Tools Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (522152) | 1.8% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Machinery) | 0.6% |
Analyst forecast in 3 Years (522152) | n/a |
Notable Dividend: 522152's dividend (1.79%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 522152's dividend (1.79%) is in the top 25% of dividend payers in the Indian market (1.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.7%), 522152's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate 522152's cash payout ratio to determine if its dividend payments are covered by cash flows.