Balu Forge Industries Limited

NSEI:BALUFORGE Stock Report

Market Cap: ₹86.4b

Balu Forge Industries Dividend

Dividend criteria checks 0/6

Balu Forge Industries is a dividend paying company with a current yield of 0.019%.

Key information

0.02%

Dividend yield

2%

Payout ratio

Industry average yield0.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per share₹0.150
Earnings per share₹10.16
Dividend yield forecastn/a

Recent dividend updates

Recent updates

Subdued Growth No Barrier To Balu Forge Industries Limited (NSE:BALUFORGE) With Shares Advancing 29%

Sep 19
Subdued Growth No Barrier To Balu Forge Industries Limited (NSE:BALUFORGE) With Shares Advancing 29%

Optimistic Investors Push Balu Forge Industries Limited (NSE:BALUFORGE) Shares Up 36% But Growth Is Lacking

Aug 05
Optimistic Investors Push Balu Forge Industries Limited (NSE:BALUFORGE) Shares Up 36% But Growth Is Lacking

Getting In Cheap On Balu Forge Industries Limited (NSE:BALUFORGE) Is Unlikely

Jun 21
Getting In Cheap On Balu Forge Industries Limited (NSE:BALUFORGE) Is Unlikely

Balu Forge Industries' (NSE:BALUFORGE) Shareholders Should Assess Earnings With Caution

May 22
Balu Forge Industries' (NSE:BALUFORGE) Shareholders Should Assess Earnings With Caution

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: BALUFORGE is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.

Growing Dividend: BALUFORGE is not paying a notable dividend for the Indian market, therefore no need to check if payments are increasing.


Dividend Yield vs Market

Balu Forge Industries Dividend Yield vs Market
How does BALUFORGE dividend yield compare to the market?
SegmentDividend Yield
Company (BALUFORGE)0.02%
Market Bottom 25% (IN)0.2%
Market Top 25% (IN)1.0%
Industry Average (Machinery)0.7%
Analyst forecast (BALUFORGE) (up to 3 years)n/a

Notable Dividend: BALUFORGE's dividend (0.019%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.24%).

High Dividend: BALUFORGE's dividend (0.019%) is low compared to the top 25% of dividend payers in the Indian market (1.03%).


Earnings Payout to Shareholders

Earnings Coverage: BALUFORGE is not paying a notable dividend for the Indian market.


Cash Payout to Shareholders

Cash Flow Coverage: BALUFORGE is paying a dividend but the company has no free cash flows.


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