Dynamic Cables Dividend
What is Dynamic Cables's current dividend yield, its reliability and sustainability?
Dividend Score
2/6Dividend 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 |
|---|
| Segment | Dividend 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
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 1/30/2023 | 0.5 | 0.25 |
| 7/30/2022 | 0.5 | 0.3 |
| 5/30/2022 | 0.5 | 0.44 |
| 8/10/2021 | 0.25 | 0.28 |
| 9/2/2020 | 0.25 | 0.83 |
| 7/27/2019 | 0.25 | 0.94 |
| 5/29/2019 | 0.25 | 0.71 |
| 6/14/2018 | 0.25 | 0.77 |
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.