Uniparts India Dividend
Dividend criteria checks 4/6
Uniparts India is a dividend paying company with a current yield of 3.62% that is well covered by earnings.
Key information
3.6%
Dividend yield
63%
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 | ₹32.05 |
Dividend yield forecast in 3Y | 2.6% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether UNIPARTS's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if UNIPARTS's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Uniparts India Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (UNIPARTS) | 3.6% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Machinery) | 0.6% |
Analyst forecast in 3 Years (UNIPARTS) | 2.6% |
Notable Dividend: UNIPARTS's dividend (3.62%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: UNIPARTS's dividend (3.62%) is in the top 25% of dividend payers in the Indian market (1.18%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (62.6%), UNIPARTS's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.7%), UNIPARTS's dividend payments are well covered by cash flows.