PIX Transmissions Dividend
Dividend criteria checks 4/6
PIX Transmissions is a dividend paying company with a current yield of 0.51% that is well covered by earnings. Next payment date is on 23rd August, 2024 with an ex-dividend date of 16th July, 2024.
Key information
0.5%
Dividend yield
11%
Payout ratio
| Industry average yield | 0.6% |
| Next dividend pay date | 23 Aug 24 |
| Ex dividend date | 16 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | ₹60.91 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
PIX Transmissions (NSE:PIXTRANS) Will Pay A Larger Dividend Than Last Year At ₹7.00
Jul 02
PIX Transmissions' (NSE:PIXTRANS) Dividend Will Be ₹6.00
Jun 30PIX Transmissions (NSE:PIXTRANS) Has Affirmed Its Dividend Of ₹6.00
May 30Recent updates
PIX Transmissions (NSE:PIXTRANS) Will Pay A Larger Dividend Than Last Year At ₹7.00
Jul 02Why Investors Shouldn't Be Surprised By PIX Transmissions Limited's (NSE:PIXTRANS) Low P/E
Apr 06PIX Transmissions' (NSE:PIXTRANS) Dividend Will Be ₹6.00
Jun 30PIX Transmissions (NSE:PIXTRANS) Has Affirmed Its Dividend Of ₹6.00
May 30Investors Give Pix Transmissions Limited (NSE:PIXTRANS) Shares A 25% Hiding
May 30Pix Transmissions (NSE:PIXTRANS) Strong Profits May Be Masking Some Underlying Issues
May 23Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PIXTRANS's dividend payments have been volatile in the past 10 years.
Growing Dividend: PIXTRANS's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| PIX Transmissions Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PIXTRANS) | 0.5% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Machinery) | 0.6% |
| Analyst forecast in 3 Years (PIXTRANS) | n/a |
Notable Dividend: PIXTRANS's dividend (0.51%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: PIXTRANS's dividend (0.51%) 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 (11.5%), PIXTRANS's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (8.6%), PIXTRANS's dividend payments are thoroughly covered by cash flows.