Tega Industries Dividend
Dividend criteria checks 2/6
Tega Industries is a dividend paying company with a current yield of 0.13% that is well covered by earnings.
Key information
0.1%
Dividend yield
7%
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 | ₹27.30 |
| Dividend yield forecast in 3Y | 0.5% |
Recent dividend updates
Recent updates
Here's Why We Think Tega Industries (NSE:TEGA) Is Well Worth Watching
Apr 03
Slowing Rates Of Return At Tega Industries (NSE:TEGA) Leave Little Room For Excitement
Mar 05Tega Industries Limited Just Missed Revenue By 14%: Here's What Analysts Think Will Happen Next
Feb 12Why We're Not Concerned About Tega Industries Limited's (NSE:TEGA) Share Price
Feb 11Tega Industries (NSE:TEGA) Hasn't Managed To Accelerate Its Returns
Oct 20Here's Why Tega Industries (NSE:TEGA) Has Caught The Eye Of Investors
Jul 27News Flash: Analysts Just Made A Notable Upgrade To Their Tega Industries Limited (NSE:TEGA) Forecasts
Jun 04Results: Tega Industries Limited Beat Earnings Expectations And Analysts Now Have New Forecasts
Jun 02Risks To Shareholder Returns Are Elevated At These Prices For Tega Industries Limited (NSE:TEGA)
May 19Weak Statutory Earnings May Not Tell The Whole Story For Tega Industries (NSE:TEGA)
Jun 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether TEGA's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if TEGA's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Tega Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TEGA) | 0.1% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Machinery) | 0.6% |
| Analyst forecast in 3 Years (TEGA) | 0.5% |
Notable Dividend: TEGA's dividend (0.13%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: TEGA's dividend (0.13%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (7.2%), TEGA's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (7.2%), TEGA's dividend payments are thoroughly covered by cash flows.