Taneja Aerospace and Aviation Dividend
Dividend criteria checks 3/6
Taneja Aerospace and Aviation is a dividend paying company with a current yield of 0.85% that is well covered by earnings.
Key information
0.8%
Dividend yield
87%
Payout ratio
| Industry average yield | 0.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹4.51 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend 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 2 years.
Dividend Yield vs Market
| Taneja Aerospace and Aviation Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (522229) | 0.8% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Aerospace & Defense) | 0.8% |
| Analyst forecast in 3 Years (522229) | n/a |
Notable Dividend: 522229's dividend (0.85%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 522229's dividend (0.85%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (86.8%), 522229's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (78.7%), 522229's dividend payments are covered by cash flows.