Modison Dividend
Dividend criteria checks 2/6
Modison is a dividend paying company with a current yield of 0.71% that is well covered by earnings.
Key information
0.7%
Dividend yield
29%
Payout ratio
| Industry average yield | 0.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹7.05 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Lacklustre Performance Is Driving Modison Limited's (NSE:MODISONLTD) 26% Price Drop
Mar 13
Modison's (NSE:MODISONLTD) Returns Have Hit A Wall
Dec 12The Returns On Capital At Modison (NSE:MODISONLTD) Don't Inspire Confidence
May 12Modison (NSE:MODISONLTD) Could Be Struggling To Allocate Capital
Sep 27Modison Metals (NSE:MODISNME) May Have Issues Allocating Its Capital
May 13Modison Metals Limited's (NSE:MODISNME) Shares Bounce 25% But Its Business Still Trails The Market
Jun 12Statutory Profit Doesn't Reflect How Good Modison Metals' (NSE:MODISNME) Earnings Are
Jun 07Modison Metals Limited's (NSE:MODISNME) 2.6% Dividend Yield Looks Pretty Interesting
May 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MODISONLTD's dividend payments have been volatile in the past 10 years.
Growing Dividend: MODISONLTD's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
| Modison Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MODISONLTD) | 0.7% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Electrical) | 0.4% |
| Analyst forecast in 3 Years (MODISONLTD) | n/a |
Notable Dividend: MODISONLTD's dividend (0.71%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: MODISONLTD's dividend (0.71%) 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 (29%), MODISONLTD's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: MODISONLTD is paying a dividend but the company has no free cash flows.