MSTC Dividend
Dividend criteria checks 3/6
MSTC is a dividend paying company with a current yield of 2.41% that is well covered by earnings.
Key information
2.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 28.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹15.500 |
| Payout ratio | 53% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 542597 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 542597's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| MSTC Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (542597) | 2.4% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Trade Distributors) | 0.1% |
| Analyst forecast (542597) (up to 3 years) | n/a |
Notable Dividend: 542597's dividend (2.41%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 542597's dividend (2.41%) is in the top 25% of dividend payers in the Indian market (1.09%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.4%), 542597's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 542597 is paying a dividend but the company has no free cash flows.