Bajaj Electricals Dividends and Buybacks
Dividend criteria checks 4/6
Bajaj Electricals is a dividend paying company with a current yield of 0.39% that is well covered by earnings.
Key information
0.4%
Dividend yield
-0.1%
Buyback Yield
| Total Shareholder Yield | 0.3% |
| Future Dividend Yield | 0.9% |
| Dividend Growth | -14.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹3.000 |
| Payout ratio | 25% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 500031's dividend payments have been volatile in the past 10 years.
Growing Dividend: 500031's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Bajaj Electricals Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (500031) | 0.4% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Consumer Durables) | 0.3% |
| Analyst forecast (500031) (up to 3 years) | 0.9% |
Notable Dividend: 500031's dividend (0.39%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 500031's dividend (0.39%) is low compared to the top 25% of dividend payers in the Indian market (1.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.4%), 500031's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (9.6%), 500031's dividend payments are thoroughly covered by cash flows.