Elgi Equipments Dividend
Dividend criteria checks 5/6
Elgi Equipments is a dividend paying company with a current yield of 0.3% that is well covered by earnings.
Key information
0.3%
Dividend yield
17%
Payout ratio
| Industry average yield | 0.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹12.82 |
| Dividend yield forecast in 3Y | 0.6% |
Recent dividend updates
Elgi Equipments' (NSE:ELGIEQUIP) Dividend Will Be Increased To ₹2.00
Jul 07
Elgi Equipments (NSE:ELGIEQUIP) Is Increasing Its Dividend To ₹2.00
May 22Elgi Equipments (NSE:ELGIEQUIP) Is Increasing Its Dividend To ₹1.15
Aug 02Elgi Equipments (NSE:ELGIEQUIP) Is Paying Out A Larger Dividend Than Last Year
Jul 17Recent updates
Here's Why We Think Elgi Equipments (NSE:ELGIEQUIP) Might Deserve Your Attention Today
Apr 05Elgi Equipments (NSE:ELGIEQUIP) Is Very Good At Capital Allocation
Mar 18Elgi Equipments Limited Just Missed EPS By 12%: Here's What Analysts Think Will Happen Next
Feb 16What Elgi Equipments Limited's (NSE:ELGIEQUIP) 27% Share Price Gain Is Not Telling You
Feb 09These 4 Measures Indicate That Elgi Equipments (NSE:ELGIEQUIP) Is Using Debt Reasonably Well
Dec 27Elgi Equipments (NSE:ELGIEQUIP) Knows How To Allocate Capital Effectively
Dec 12Here's Why Elgi Equipments (NSE:ELGIEQUIP) Can Manage Its Debt Responsibly
Sep 19Investors Shouldn't Overlook Elgi Equipments' (NSE:ELGIEQUIP) Impressive Returns On Capital
Sep 01Elgi Equipments' (NSE:ELGIEQUIP) Dividend Will Be Increased To ₹2.00
Jul 07These 4 Measures Indicate That Elgi Equipments (NSE:ELGIEQUIP) Is Using Debt Safely
Jun 06Elgi Equipments (NSE:ELGIEQUIP) Is Increasing Its Dividend To ₹2.00
May 22Why We Like The Returns At Elgi Equipments (NSE:ELGIEQUIP)
Apr 03Do Elgi Equipments' (NSE:ELGIEQUIP) Earnings Warrant Your Attention?
Feb 23Is Elgi Equipments (NSE:ELGIEQUIP) Using Too Much Debt?
Jan 22Returns On Capital Are A Standout For Elgi Equipments (NSE:ELGIEQUIP)
Dec 22If EPS Growth Is Important To You, Elgi Equipments (NSE:ELGIEQUIP) Presents An Opportunity
Nov 20Is It Time To Consider Buying Elgi Equipments Limited (NSE:ELGIEQUIP)?
Oct 12Is Elgi Equipments (NSE:ELGIEQUIP) Using Too Much Debt?
Sep 27Elgi Equipments (NSE:ELGIEQUIP) Is Investing Its Capital With Increasing Efficiency
Aug 27Elgi Equipments (NSE:ELGIEQUIP) Is Increasing Its Dividend To ₹1.15
Aug 02Elgi Equipments (NSE:ELGIEQUIP) Is Paying Out A Larger Dividend Than Last Year
Jul 17Here's Why We Think Elgi Equipments (NSE:ELGIEQUIP) Is Well Worth Watching
Jul 16Is Now The Time To Look At Buying Elgi Equipments Limited (NSE:ELGIEQUIP)?
Jun 17Elgi Equipments (NSE:ELGIEQUIP) Could Easily Take On More Debt
Jun 05Elgi Equipments (NSE:ELGIEQUIP) Is Increasing Its Dividend To ₹1.15
May 24Elgi Equipments (NSE:ELGIEQUIP) Might Have The Makings Of A Multi-Bagger
May 18Here's Why I Think Elgi Equipments (NSE:ELGIEQUIP) Might Deserve Your Attention Today
Apr 02Is It Too Late To Consider Buying Elgi Equipments Limited (NSE:ELGIEQUIP)?
Mar 17Does Elgi Equipments (NSE:ELGIEQUIP) Have A Healthy Balance Sheet?
Feb 21Returns At Elgi Equipments (NSE:ELGIEQUIP) Appear To Be Weighed Down
Feb 08Should You Be Adding Elgi Equipments (NSE:ELGIEQUIP) To Your Watchlist Today?
Dec 17At ₹296, Is It Time To Put Elgi Equipments Limited (NSE:ELGIEQUIP) On Your Watch List?
Dec 05We Think Elgi Equipments (NSE:ELGIEQUIP) Can Manage Its Debt With Ease
Nov 09The Returns At Elgi Equipments (NSE:ELGIEQUIP) Aren't Growing
Aug 01When Should You Buy ELGI Equipments Limited (NSE:ELGIEQUIP)?
Jun 08Is ELGI Equipments (NSE:ELGIEQUIP) Using Too Much Debt?
May 24Investors Who Bought ELGI Equipments (NSE:ELGIEQUIP) Shares Five Years Ago Are Now Up 198%
Mar 18What Type Of Shareholders Make Up ELGI Equipments Limited's (NSE:ELGIEQUIP) Share Registry?
Mar 01Results: ELGI Equipments Limited Beat Earnings Expectations And Analysts Now Have New Forecasts
Feb 11Is ELGI Equipments (NSE:ELGIEQUIP) Likely To Turn Things Around?
Feb 01These 4 Measures Indicate That ELGI Equipments (NSE:ELGIEQUIP) Is Using Debt Reasonably Well
Jan 16Are ELGI Equipments's (NSE:ELGIEQUIP) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 17Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ELGIEQUIP's dividends per share have been stable in the past 10 years.
Growing Dividend: ELGIEQUIP's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Elgi Equipments Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ELGIEQUIP) | 0.3% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Machinery) | 0.6% |
| Analyst forecast in 3 Years (ELGIEQUIP) | 0.6% |
Notable Dividend: ELGIEQUIP's dividend (0.3%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: ELGIEQUIP's dividend (0.3%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.1%), ELGIEQUIP's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.2%), ELGIEQUIP's dividend payments are well covered by cash flows.