3M India Dividend
Dividend criteria checks 3/6
3M India is a dividend paying company with a current yield of 0.33% that is well covered by earnings.
Key information
0.3%
Dividend yield
21%
Payout ratio
Industry average yield | 0.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹484.94 |
Dividend yield forecast in 3Y | 0.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 523395's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 523395's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
3M India Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (523395) | 0.3% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Industrials) | 0.3% |
Analyst forecast in 3 Years (523395) | 0.8% |
Notable Dividend: 523395's dividend (0.33%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 523395's dividend (0.33%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.6%), 523395's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (18.1%), 523395's dividend payments are well covered by cash flows.