SKP Bearing Industries Dividend
Dividend criteria checks 2/6
SKP Bearing Industries is a dividend paying company with a current yield of 0.4% that is well covered by earnings.
Key information
0.4%
Dividend yield
13%
Payout ratio
Industry average yield | 0.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹7.99 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
SKP Bearing Industries' (NSE:SKP) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Nov 17Does SKP Bearing Industries (NSE:SKP) Deserve A Spot On Your Watchlist?
Jul 25More Unpleasant Surprises Could Be In Store For SKP Bearing Industries Limited's (NSE:SKP) Shares After Tumbling 36%
Dec 24Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, SKP has been paying a dividend for less than 10 years.
Growing Dividend: SKP has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
SKP Bearing Industries Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (SKP) | 0.4% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Machinery) | 0.6% |
Analyst forecast in 3 Years (SKP) | n/a |
Notable Dividend: SKP's dividend (0.4%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: SKP's dividend (0.4%) is low compared to the top 25% of dividend payers in the Indian market (1.2%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.5%), SKP's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (2039.3%), SKP's dividend payments are not well covered by cash flows.