Morganite Crucible (India) Dividend
Dividend criteria checks 5/6
Morganite Crucible (India) is a dividend paying company with a current yield of 2.7% that is well covered by earnings.
Key information
2.7%
Dividend yield
88%
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 | ₹44.24 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 523160's dividend payments have been volatile in the past 10 years.
Growing Dividend: 523160's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Morganite Crucible (India) Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (523160) | 2.7% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Machinery) | 0.6% |
Analyst forecast in 3 Years (523160) | n/a |
Notable Dividend: 523160's dividend (2.7%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 523160's dividend (2.7%) is in the top 25% of dividend payers in the Indian market (1.18%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (88.2%), 523160's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (54.1%), 523160's dividend payments are covered by cash flows.