Welspun Enterprises Dividends and Buybacks
Dividend criteria checks 2/6
Welspun Enterprises is a dividend paying company with a current yield of 0.65% that is well covered by earnings.
Key information
0.7%
Dividend yield
-0.02%
Buyback Yield
| Total Shareholder Yield | 0.6% |
| Future Dividend Yield | 1.1% |
| Dividend Growth | -10.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹3.000 |
| Payout ratio | 12% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 532553 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 532553's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Welspun Enterprises Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (532553) | 0.7% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Construction) | 0.7% |
| Analyst forecast (532553) (up to 3 years) | 1.1% |
Notable Dividend: 532553's dividend (0.65%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 532553's dividend (0.65%) is low compared to the top 25% of dividend payers in the Indian market (1.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12%), 532553's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 532553 is paying a dividend but the company has no free cash flows.