Mazagon Dock Shipbuilders Dividend
Dividend criteria checks 2/6
Mazagon Dock Shipbuilders is a dividend paying company with a current yield of 0.98% that is well covered by earnings.
Key information
1.0%
Dividend yield
28%
Payout ratio
Industry average yield | 0.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹79.34 |
Dividend yield forecast in 3Y | 1.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 543237 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 543237's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Mazagon Dock Shipbuilders Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (543237) | 1.0% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Aerospace & Defense) | 0.8% |
Analyst forecast in 3 Years (543237) | 1.1% |
Notable Dividend: 543237's dividend (0.98%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 543237's dividend (0.98%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28%), 543237's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 543237 is paying a dividend but the company has no free cash flows.