Ashok Leyland Dividends and Buybacks
Dividend criteria checks 4/6
Ashok Leyland is a dividend paying company with a current yield of 2.26% that is well covered by earnings.
Key information
2.3%
Dividend yield
-0.003%
Buyback Yield
| Total Shareholder Yield | 2.3% |
| Future Dividend Yield | 3.0% |
| Dividend Growth | 13.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹4.950 |
| Payout ratio | 59% |
Recent dividend and buyback updates
Recent updates
Ashok Leyland Limited (NSE:ASHOKLEY) Looks Inexpensive But Perhaps Not Attractive Enough
Dec 23
Ashok Leyland Limited's (NSE:ASHOKLEY) Intrinsic Value Is Potentially 20% Below Its Share Price
Dec 09Why Ashok Leyland Limited (NSE:ASHOKLEY) Could Be Worth Watching
Nov 04Returns On Capital At Ashok Leyland (NSE:ASHOKLEY) Have Hit The Brakes
Oct 04Does This Valuation Of Ashok Leyland Limited (NSE:ASHOKLEY) Imply Investors Are Overpaying?
Sep 06Why Investors Shouldn't Be Surprised By Ashok Leyland Limited's (NSE:ASHOKLEY) P/E
Aug 23Investors Met With Slowing Returns on Capital At Ashok Leyland (NSE:ASHOKLEY)
Jun 27These 4 Measures Indicate That Ashok Leyland (NSE:ASHOKLEY) Is Using Debt Reasonably Well
Jun 13Investors Shouldn't Be Too Comfortable With Ashok Leyland's (NSE:ASHOKLEY) Earnings
May 31Is There Now An Opportunity In Ashok Leyland Limited (NSE:ASHOKLEY)?
May 21Ashok Leyland Limited's (NSE:ASHOKLEY) Price Is Right But Growth Is Lacking
Apr 21A Look At The Fair Value Of Ashok Leyland Limited (NSE:ASHOKLEY)
Apr 07Returns On Capital At Ashok Leyland (NSE:ASHOKLEY) Have Hit The Brakes
Mar 24Is Now The Time To Put Ashok Leyland (NSE:ASHOKLEY) On Your Watchlist?
Mar 12Is Now An Opportune Moment To Examine Ashok Leyland Limited (NSE:ASHOKLEY)?
Feb 13Little Excitement Around Ashok Leyland Limited's (NSE:ASHOKLEY) Revenues
Dec 31Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ASHOKLEY's dividend payments have been volatile in the past 10 years.
Growing Dividend: ASHOKLEY's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Ashok Leyland Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ASHOKLEY) | 2.3% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Machinery) | 0.8% |
| Analyst forecast (ASHOKLEY) (up to 3 years) | 3.0% |
Notable Dividend: ASHOKLEY's dividend (2.26%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: ASHOKLEY's dividend (2.26%) is in the top 25% of dividend payers in the Indian market (1.1%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58.5%), ASHOKLEY's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: ASHOKLEY is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 00:00 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ashok Leyland Limited is covered by 75 analysts. 39 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jinesh Gandhi | Ambit Capital |
| Mumuksh Mandlesha | Anand Rathi Shares and Stock Brokers Limited |
| Shrikant Akolkar | Angel Broking Private Limited |