Mazagon Dock Shipbuilders Dividends and Buybacks
Dividend criteria checks 2/6
Mazagon Dock Shipbuilders is a dividend paying company with a current yield of 0.9% that is well covered by earnings. Next payment date is on 20th November, 2024 with an ex-dividend date of 30th October, 2024.
Key information
0.9%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 1.5% |
| Dividend Growth | -50.6% |
| Next dividend pay date | 20 Nov 24 |
| Ex dividend date | 30 Oct 24 |
| Dividend per share | ₹35.300 |
| Payout ratio | 28% |
Recent dividend and buyback updates
Mazagon Dock Shipbuilders (NSE:MAZDOCK) Will Pay A Dividend Of ₹12.11
Sep 08
Mazagon Dock Shipbuilders (NSE:MAZDOCK) Is Paying Out A Larger Dividend Than Last Year
Nov 11Recent updates
Mazagon Dock Shipbuilders Limited Just Beat Revenue By 31%: Here's What Analysts Think Will Happen Next
Nov 08Do Mazagon Dock Shipbuilders' (NSE:MAZDOCK) Earnings Warrant Your Attention?
Oct 25It Looks Like Shareholders Would Probably Approve Mazagon Dock Shipbuilders Limited's (NSE:MAZDOCK) CEO Compensation Package
Sep 20Mazagon Dock Shipbuilders (NSE:MAZDOCK) Will Pay A Dividend Of ₹12.11
Sep 08Earnings Not Telling The Story For Mazagon Dock Shipbuilders Limited (NSE:MAZDOCK) After Shares Rise 25%
Jul 31Mazagon Dock Shipbuilders Limited (NSE:MAZDOCK) Looks Just Right With A 44% Price Jump
Jun 10Party Time: Brokers Just Made Major Increases To Their Mazagon Dock Shipbuilders Limited (NSE:MAZDOCK) Earnings Forecasts
Jun 02Do Mazagon Dock Shipbuilders' (NSE:MAZDOCK) Earnings Warrant Your Attention?
May 31Risks 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 19Stability 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 4 years.
Dividend Yield vs Market
| Mazagon Dock Shipbuilders Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MAZDOCK) | 0.9% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Aerospace & Defense) | 0.8% |
| Analyst forecast (MAZDOCK) (up to 3 years) | 1.5% |
Notable Dividend: MAZDOCK's dividend (0.9%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: MAZDOCK's dividend (0.9%) is low compared to the top 25% of dividend payers in the Indian market (1.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.7%), 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.