Precision Wires India Dividend
Dividend criteria checks 4/6
Precision Wires India is a dividend paying company with a current yield of 0.69% that is well covered by earnings.
Key information
0.7%
Dividend yield
27%
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 | ₹3.57 |
Dividend yield forecast in 3Y | 0.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 523539's dividend payments have been volatile in the past 10 years.
Growing Dividend: 523539's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Precision Wires India Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (523539) | 0.7% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Electrical) | 0.3% |
Analyst forecast in 3 Years (523539) | 0.7% |
Notable Dividend: 523539's dividend (0.69%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 523539's dividend (0.69%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.5%), 523539's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36.1%), 523539's dividend payments are well covered by cash flows.