Uniparts India Dividend
Dividend criteria checks 4/6
Uniparts India is a dividend paying company with a current yield of 4.22% that is well covered by earnings.
Key information
4.2%
Dividend yield
74%
Payout ratio
| Industry average yield | 0.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹20.750 |
| Earnings per share | ₹25.50 |
| Dividend yield forecast in 3Y | 6.7% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: UNIPARTS has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: UNIPARTS's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Uniparts India Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (UNIPARTS) | 4.2% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Machinery) | 0.7% |
| Analyst forecast in 3 Years (UNIPARTS) | 6.7% |
Notable Dividend: UNIPARTS's dividend (4.22%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: UNIPARTS's dividend (4.22%) is in the top 25% of dividend payers in the Indian market (1.06%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (73.8%), UNIPARTS's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55.9%), UNIPARTS's dividend payments are covered by cash flows.