Welspun Enterprises Dividend
Dividend criteria checks 1/6
Welspun Enterprises is a dividend paying company with a current yield of 0.22% that is well covered by earnings.
Key information
0.2%
Dividend yield
3%
Payout ratio
| Industry average yield | 0.6% |
| Next dividend pay date | n/a |
| Ex dividend date | 05 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | ₹23.43 |
| Dividend yield forecast in 3Y | 2.5% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
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) | 0.2% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Construction) | 0.6% |
| Analyst forecast in 3 Years (532553) | 2.5% |
Notable Dividend: 532553's dividend (0.22%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.29%).
High Dividend: 532553's dividend (0.22%) is low compared to the top 25% of dividend payers in the Indian market (1.23%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (3.5%), 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.