Universal Cables Dividend
Dividend criteria checks 2/6
Universal Cables is a dividend paying company with a current yield of 0.42% that is well covered by earnings.
Key information
0.4%
Dividend yield
10%
Payout ratio
| Industry average yield | 0.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹31.19 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Universal Cables' (NSE:UNIVCABLES) Returns On Capital Not Reflecting Well On The Business
Jun 08
Universal Cables Limited (NSE:UNIVCABLES) Held Back By Insufficient Growth Even After Shares Climb 34%
Jun 08Universal Cables Limited (NSE:UNIVCABLES) Stock Rockets 26% But Many Are Still Ignoring The Company
Apr 12Is Universal Cables (NSE:UNIVCABLES) A Risky Investment?
Mar 27Universal Cables (NSE:UNIVCABLES) Is Paying Out A Larger Dividend Than Last Year
Aug 19Here's Why Universal Cables (NSE:UNIVCABLES) Can Manage Its Debt Responsibly
Jul 22Return Trends At Universal Cables (NSE:UNIVCABLES) Aren't Appealing
Jun 21Here's Why Universal Cables (NSE:UNIVCABLES) Has A Meaningful Debt Burden
Dec 22Universal Cables (NSE:UNIVCABLES) Is Increasing Its Dividend To ₹1.50
Sep 02Some Investors May Be Worried About Universal Cables' (NSE:UNIVCABLES) Returns On Capital
Aug 22We Think Universal Cables (NSE:UNIVCABLES) Is Taking Some Risk With Its Debt
Jun 28Universal Cables' (NSE:UNIVCABLES) Returns On Capital Not Reflecting Well On The Business
May 12We Think Universal Cables (NSE:UNIVCABLES) Is Taking Some Risk With Its Debt
Feb 17Universal Cables' (NSE:UNIVCABLES) Returns On Capital Not Reflecting Well On The Business
Dec 30Calculating The Intrinsic Value Of Universal Cables Limited (NSE:UNIVCABLES)
Aug 22Universal Cables (NSE:UNIVCABLES) Will Will Want To Turn Around Its Return Trends
Apr 06Is Universal Cables (NSE:UNIVCABLES) A Risky Investment?
Mar 02Does Universal Cables Limited (NSE:UNIVCABLES) Have A Place In Your Dividend Portfolio?
Feb 01Did You Miss Universal Cables' (NSE:UNIVCABLES) 63% Share Price Gain?
Jan 04
The Trends At Universal Cables (NSE:UNIVCABLES) That You Should Know About
Dec 09Universal Cables (NSE:UNIVCABLES) Seems To Be Using A Lot Of Debt
Nov 13What To Know Before Buying Universal Cables Limited (NSE:UNIVCABLES) For Its Dividend
Oct 13If You Had Bought Universal Cables (NSE:UNIVCABLES) Stock Five Years Ago, You Could Pocket A 191% Gain Today
Sep 08Here's What We Think About Universal Cables' (NSE:UNIVCABLES) CEO Pay
Aug 10Will The ROCE Trend At Universal Cables (NSE:UNIVCABLES) Continue?
Jul 20Is Universal Cables Limited (NSE:UNIVCABLES) A Smart Pick For Income Investors?
Jun 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: UNIVCABLES has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: UNIVCABLES's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Universal Cables Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (UNIVCABLES) | 0.4% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Electrical) | 0.3% |
| Analyst forecast in 3 Years (UNIVCABLES) | n/a |
Notable Dividend: UNIVCABLES's dividend (0.42%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: UNIVCABLES's dividend (0.42%) is low compared to the top 25% of dividend payers in the Indian market (1.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.6%), UNIVCABLES's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: UNIVCABLES is paying a dividend but the company has no free cash flows.