Dynamic Cables Dividend
What is Dynamic Cables's current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Dynamic Cables Dividend Yield vs Market|
|Market Bottom 25% (IN)||0.4%|
|Market Top 25% (IN)||1.6%|
|Industry Average (Electrical)||0.6%|
|Analyst forecast in 3 Years (540795)||n/a|
Notable Dividend: 540795's dividend (0.25%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.37%).
High Dividend: 540795's dividend (0.25%) is low compared to the top 25% of dividend payers in the Indian market (1.61%).
Stability and Growth of Payments
|Month||Dividend Per Share (annual)||Avg. Yield (%)|
Stable Dividend: Whilst dividend payments have been stable, 540795 has been paying a dividend for less than 10 years.
Growing Dividend: 540795's dividend payments have increased, but the company has only paid a dividend for 5 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (3.4%), 540795's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (2.5%), 540795's dividend payments are thoroughly covered by cash flows.