Taneja Aerospace and Aviation Dividends and Buybacks
Dividend criteria checks 3/6
Taneja Aerospace and Aviation is a dividend paying company with a current yield of 0.5% that is well covered by earnings. Next payment date is on 7th December, 2024 with an ex-dividend date of 19th November, 2024.
Key information
0.5%
Dividend yield
-2.0%
Buyback Yield
| Total Shareholder Yield | -1.5% |
| Future Dividend Yield | n/a |
| Dividend Growth | -46.2% |
| Next dividend pay date | 07 Dec 24 |
| Ex dividend date | 19 Nov 24 |
| Dividend per share | ₹2.000 |
| Payout ratio | 20% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 522229 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 522229's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Taneja Aerospace and Aviation Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (522229) | 0.5% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Aerospace & Defense) | 0.8% |
| Analyst forecast (522229) (up to 3 years) | n/a |
Notable Dividend: 522229's dividend (0.5%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 522229's dividend (0.5%) is low compared to the top 25% of dividend payers in the Indian market (1.14%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.1%), 522229's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (46%), 522229's dividend payments are well covered by cash flows.