Salasar Techno Engineering Dividend
What is Salasar Techno Engineering current dividend yield, its reliability and sustainability?
Dividend Score
1/6Dividend Score 1/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
0.23%
Current Dividend Yield
Dividend Yield vs Market
| Salasar Techno Engineering Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (540642) | 0.2% |
| Market Bottom 25% (IN) | 0.4% |
| Market Top 25% (IN) | 1.6% |
| Industry Average (Construction) | 1.0% |
| Analyst forecast in 3 Years (540642) | n/a |
Notable Dividend: 540642's dividend (0.23%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.35%).
High Dividend: 540642's dividend (0.23%) is low compared to the top 25% of dividend payers in the Indian market (1.52%).
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 12/11/2022 | 0.1 | 0.23 |
| 8/11/2022 | 0.1 | 0.32 |
| 8/17/2021 | 0.05 | 0.2 |
| 9/3/2020 | 0.1 | 0.63 |
| 11/13/2019 | 0.13 | 2.19 |
| 9/5/2019 | 0.15 | 2.73 |
| 5/28/2019 | 0.15 | 2.04 |
| 2/11/2019 | 0.1 | 0.94 |
| 11/5/2018 | 0.1 | 0.77 |
| 8/14/2018 | 0.1 | 0.79 |
| 11/14/2017 | 0.1 | 0.63 |
Stable Dividend: 540642 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 540642 has only been paying a dividend for 5 years, and since then payments have not increased.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.9%), 540642's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 540642 is paying a dividend but the company has no free cash flows.