Elecon Engineering Company Limited

NSEI:ELECON Stock Report

Market Cap: ₹119.1b

Elecon Engineering Dividend

Dividend criteria checks 3/6

Elecon Engineering is a dividend paying company with a current yield of 0.17% that is well covered by earnings.

Key information

0.2%

Dividend yield

9%

Payout ratio

Industry average yield0.4%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per share₹28.51
Dividend yield forecast in 3Yn/a

Recent dividend updates

Elecon Engineering's (NSE:ELECON) Dividend Will Be Increased To ₹2.00

Jun 09
Elecon Engineering's (NSE:ELECON) Dividend Will Be Increased To ₹2.00

Elecon Engineering's (NSE:ELECON) Shareholders Will Receive A Bigger Dividend Than Last Year

May 26
Elecon Engineering's (NSE:ELECON) Shareholders Will Receive A Bigger Dividend Than Last Year

Recent updates

Elecon Engineering (NSE:ELECON) Seems To Use Debt Rather Sparingly

Mar 22
Elecon Engineering (NSE:ELECON) Seems To Use Debt Rather Sparingly

Elecon Engineering Company Limited's (NSE:ELECON) Shareholders Might Be Looking For Exit

Mar 08
Elecon Engineering Company Limited's (NSE:ELECON) Shareholders Might Be Looking For Exit

With EPS Growth And More, Elecon Engineering (NSE:ELECON) Makes An Interesting Case

Feb 20
With EPS Growth And More, Elecon Engineering (NSE:ELECON) Makes An Interesting Case

Is Elecon Engineering Company Limited (NSE:ELECON) Potentially Undervalued?

Feb 07
Is Elecon Engineering Company Limited (NSE:ELECON) Potentially Undervalued?

Elecon Engineering (NSE:ELECON) Is Very Good At Capital Allocation

Nov 25
Elecon Engineering (NSE:ELECON) Is Very Good At Capital Allocation

Should You Be Adding Elecon Engineering (NSE:ELECON) To Your Watchlist Today?

Oct 15
Should You Be Adding Elecon Engineering (NSE:ELECON) To Your Watchlist Today?

Why Elecon Engineering Company Limited (NSE:ELECON) Could Be Worth Watching

Sep 15
Why Elecon Engineering Company Limited (NSE:ELECON) Could Be Worth Watching

Does Elecon Engineering (NSE:ELECON) Have A Healthy Balance Sheet?

Sep 02
Does Elecon Engineering (NSE:ELECON) Have A Healthy Balance Sheet?

Elecon Engineering (NSE:ELECON) Knows How To Allocate Capital Effectively

Aug 16
Elecon Engineering (NSE:ELECON) Knows How To Allocate Capital Effectively

Here's Why We Think Elecon Engineering (NSE:ELECON) Is Well Worth Watching

Jul 07
Here's Why We Think Elecon Engineering (NSE:ELECON) Is Well Worth Watching

Elecon Engineering's (NSE:ELECON) Dividend Will Be Increased To ₹2.00

Jun 09
Elecon Engineering's (NSE:ELECON) Dividend Will Be Increased To ₹2.00

Elecon Engineering's (NSE:ELECON) Shareholders Will Receive A Bigger Dividend Than Last Year

May 26
Elecon Engineering's (NSE:ELECON) Shareholders Will Receive A Bigger Dividend Than Last Year

At ₹504, Is It Time To Put Elecon Engineering Company Limited (NSE:ELECON) On Your Watch List?

May 13
At ₹504, Is It Time To Put Elecon Engineering Company Limited (NSE:ELECON) On Your Watch List?

Do Elecon Engineering's (NSE:ELECON) Earnings Warrant Your Attention?

Feb 21
Do Elecon Engineering's (NSE:ELECON) Earnings Warrant Your Attention?

Investors Shouldn't Overlook Elecon Engineering's (NSE:ELECON) Impressive Returns On Capital

Dec 27
Investors Shouldn't Overlook Elecon Engineering's (NSE:ELECON) Impressive Returns On Capital

If EPS Growth Is Important To You, Elecon Engineering (NSE:ELECON) Presents An Opportunity

Oct 21
If EPS Growth Is Important To You, Elecon Engineering (NSE:ELECON) Presents An Opportunity

Calculating The Intrinsic Value Of Elecon Engineering Company Limited (NSE:ELECON)

Sep 27
Calculating The Intrinsic Value Of Elecon Engineering Company Limited (NSE:ELECON)

Elecon Engineering (NSE:ELECON) Is Looking To Continue Growing Its Returns On Capital

Jul 07
Elecon Engineering (NSE:ELECON) Is Looking To Continue Growing Its Returns On Capital

Calculating The Fair Value Of Elecon Engineering Company Limited (NSE:ELECON)

Jun 24
Calculating The Fair Value Of Elecon Engineering Company Limited (NSE:ELECON)

I Ran A Stock Scan For Earnings Growth And Elecon Engineering (NSE:ELECON) Passed With Ease

Jun 03
I Ran A Stock Scan For Earnings Growth And Elecon Engineering (NSE:ELECON) Passed With Ease

Returns On Capital Are Showing Encouraging Signs At Elecon Engineering (NSE:ELECON)

Apr 05
Returns On Capital Are Showing Encouraging Signs At Elecon Engineering (NSE:ELECON)

These 4 Measures Indicate That Elecon Engineering (NSE:ELECON) Is Using Debt Safely

Feb 14
These 4 Measures Indicate That Elecon Engineering (NSE:ELECON) Is Using Debt Safely

Do Elecon Engineering's (NSE:ELECON) Earnings Warrant Your Attention?

Jan 24
Do Elecon Engineering's (NSE:ELECON) Earnings Warrant Your Attention?

Returns On Capital Are Showing Encouraging Signs At Elecon Engineering (NSE:ELECON)

Oct 25
Returns On Capital Are Showing Encouraging Signs At Elecon Engineering (NSE:ELECON)

Should You Be Adding Elecon Engineering (NSE:ELECON) To Your Watchlist Today?

Aug 14
Should You Be Adding Elecon Engineering (NSE:ELECON) To Your Watchlist Today?

Shareholders Will Probably Hold Off On Increasing Elecon Engineering Company Limited's (NSE:ELECON) CEO Compensation For The Time Being

Jul 30
Shareholders Will Probably Hold Off On Increasing Elecon Engineering Company Limited's (NSE:ELECON) CEO Compensation For The Time Being

We Think Elecon Engineering (NSE:ELECON) Can Stay On Top Of Its Debt

Jun 04
We Think Elecon Engineering (NSE:ELECON) Can Stay On Top Of Its Debt

Is Now The Time To Put Elecon Engineering (NSE:ELECON) On Your Watchlist?

Apr 30
Is Now The Time To Put Elecon Engineering (NSE:ELECON) On Your Watchlist?

What Kind Of Shareholders Hold The Majority In Elecon Engineering Company Limited's (NSE:ELECON) Shares?

Mar 13
What Kind Of Shareholders Hold The Majority In Elecon Engineering Company Limited's (NSE:ELECON) Shares?

How Well Is Elecon Engineering (NSE:ELECON) Allocating Its Capital?

Feb 22
How Well Is Elecon Engineering (NSE:ELECON) Allocating Its Capital?

If You Had Bought Elecon Engineering's (NSE:ELECON) Shares Three Years Ago You Would Be Down 45%

Feb 02
If You Had Bought Elecon Engineering's (NSE:ELECON) Shares Three Years Ago You Would Be Down 45%

These 4 Measures Indicate That Elecon Engineering (NSE:ELECON) Is Using Debt Extensively

Jan 15
These 4 Measures Indicate That Elecon Engineering (NSE:ELECON) Is Using Debt Extensively

Here's What To Make Of Elecon Engineering's (NSE:ELECON) Returns On Capital

Sep 21
Here's What To Make Of Elecon Engineering's (NSE:ELECON) Returns On Capital

Lacklustre Performance Driving Elecon Engineering Company Limited's (NSE:ELECON) P/E

Aug 26
Lacklustre Performance Driving Elecon Engineering Company Limited's (NSE:ELECON) P/E

Does Elecon Engineering (NSE:ELECON) Have A Healthy Balance Sheet?

Aug 20
Does Elecon Engineering (NSE:ELECON) Have A Healthy Balance Sheet?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: ELECON's dividend payments have been volatile in the past 10 years.

Growing Dividend: ELECON's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Elecon Engineering Dividend Yield vs Market
How does ELECON dividend yield compare to the market?
SegmentDividend Yield
Company (ELECON)0.2%
Market Bottom 25% (IN)0.3%
Market Top 25% (IN)1.2%
Industry Average (Electrical)0.4%
Analyst forecast in 3 Years (ELECON)n/a

Notable Dividend: ELECON's dividend (0.17%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.27%).

High Dividend: ELECON's dividend (0.17%) is low compared to the top 25% of dividend payers in the Indian market (1.21%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (9.4%), ELECON's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (7.8%), ELECON's dividend payments are thoroughly covered by cash flows.


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