Harsha Engineers International Dividend
Dividend criteria checks 2/6
Harsha Engineers International is a dividend paying company with a current yield of 0.17% 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
Investors Appear Satisfied With Harsha Engineers International Limited's (NSE:HARSHA) Prospects As Shares Rocket 26%
Jun 09
Is Harsha Engineers International (NSE:HARSHA) Using Too Much Debt?
May 22Harsha Engineers International Limited's (NSE:HARSHA) Price In Tune With Earnings
Apr 04Harsha Engineers International Limited Just Beat EPS By 15%: Here's What Analysts Think Will Happen Next
May 30Optimistic Investors Push Harsha Engineers International Limited (NSE:HARSHA) Shares Up 26% But Growth Is Lacking
Apr 13Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether HARSHA's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if HARSHA'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 (HARSHA) | 0.2% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Machinery) | 0.6% |
| Analyst forecast in 3 Years (HARSHA) | 0.7% |
Notable Dividend: HARSHA's dividend (0.17%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: HARSHA's dividend (0.17%) 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%), HARSHA's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.9%), HARSHA's dividend payments are thoroughly covered by cash flows.