Mazagon Dock Shipbuilders Dividend
Dividend criteria checks 2/6
Mazagon Dock Shipbuilders is a dividend paying company with a current yield of 0.95% that is well covered by earnings.
Key information
0.9%
Dividend yield
28%
Payout ratio
| Industry average yield | 0.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹79.34 |
| Dividend yield forecast in 3Y | 1.1% |
Recent dividend updates
Mazagon Dock Shipbuilders (NSE:MAZDOCK) Is Paying Out A Larger Dividend Than Last Year
Nov 11
Mazagon Dock Shipbuilders' (NSE:MAZDOCK) Dividend Will Be Increased To ₹6.86
Sep 12Recent updates
Risks To Shareholder Returns Are Elevated At These Prices For Mazagon Dock Shipbuilders Limited (NSE:MAZDOCK)
Apr 25Calculating The Fair Value Of Mazagon Dock Shipbuilders Limited (NSE:MAZDOCK)
Mar 30Here's Why We Think Mazagon Dock Shipbuilders (NSE:MAZDOCK) Is Well Worth Watching
Jan 29Investor Optimism Abounds Mazagon Dock Shipbuilders Limited (NSE:MAZDOCK) But Growth Is Lacking
Jan 03When Should You Buy Mazagon Dock Shipbuilders Limited (NSE:MAZDOCK)?
Dec 07Mazagon Dock Shipbuilders (NSE:MAZDOCK) Is Paying Out A Larger Dividend Than Last Year
Nov 11Is Now The Time To Put Mazagon Dock Shipbuilders (NSE:MAZDOCK) On Your Watchlist?
Oct 12Mazagon Dock Shipbuilders' (NSE:MAZDOCK) Dividend Will Be Increased To ₹6.86
Sep 12Is It Too Late To Consider Buying Mazagon Dock Shipbuilders Limited (NSE:MAZDOCK)?
Aug 24Here's Why We Think Mazagon Dock Shipbuilders (NSE:MAZDOCK) Might Deserve Your Attention Today
May 30Does Mazagon Dock Shipbuilders (NSE:MAZDOCK) Deserve A Spot On Your Watchlist?
Feb 27Do Mazagon Dock Shipbuilders' (NSE:MAZDOCK) Earnings Warrant Your Attention?
Nov 18Mazagon Dock Shipbuilders (NSE:MAZDOCK) Will Pay A Smaller Dividend Than Last Year
Sep 09Is Mazagon Dock Shipbuilders Limited (NSE:MAZDOCK) Expensive For A Reason? A Look At Its Intrinsic Value
Jun 19Here's Why I Think Mazagon Dock Shipbuilders (NSE:MAZDOCK) Is An Interesting Stock
May 02Investors Aren't Buying Mazagon Dock Shipbuilders Limited's (NSE:MAZDOCK) Earnings
Mar 23Factors Income Investors Should Consider Before Adding Mazagon Dock Shipbuilders Limited (NSE:MAZDOCK) To Their Portfolio
Feb 16Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MAZDOCK has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MAZDOCK's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Mazagon Dock Shipbuilders Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MAZDOCK) | 0.9% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Aerospace & Defense) | 0.8% |
| Analyst forecast in 3 Years (MAZDOCK) | 1.1% |
Notable Dividend: MAZDOCK's dividend (0.95%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: MAZDOCK's dividend (0.95%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28%), MAZDOCK's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: MAZDOCK is paying a dividend but the company has no free cash flows.