Dynamic Cables Dividend

What is Dynamic Cables's current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


0.25%

Current Dividend Yield

Dividend Yield vs Market

Dynamic Cables Dividend Yield vs Market
How does 540795 dividend yield compare to the market?
SegmentDividend Yield
Company (540795)0.3%
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

How stable has Dynamic Cables's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
1/30/20230.50.25
7/30/20220.50.3
5/30/20220.50.44
8/10/20210.250.28
9/2/20200.250.83
7/27/20190.250.94
5/29/20190.250.71
6/14/20180.250.77

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.


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