Harsha Engineers International Dividend
Dividend criteria checks 2/6
Harsha Engineers International is a dividend paying company with a current yield of 0.18% that is well covered by earnings. Next payment date is on 16th October, 2024 with an ex-dividend date of 9th September, 2024.
Key information
0.2%
Dividend yield
8%
Payout ratio
| Industry average yield | 0.6% |
| Next dividend pay date | 16 Oct 24 |
| Ex dividend date | 09 Sep 24 |
| Dividend per share | n/a |
| Earnings per share | ₹12.24 |
| Dividend yield forecast in 3Y | 0.7% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 543600's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 543600's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Harsha Engineers International Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (543600) | 0.2% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Machinery) | 0.6% |
| Analyst forecast in 3 Years (543600) | 0.7% |
Notable Dividend: 543600's dividend (0.18%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 543600's dividend (0.18%) is low compared to the top 25% of dividend payers in the Indian market (1.11%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (8.2%), 543600's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.9%), 543600's dividend payments are thoroughly covered by cash flows.