Whirlpool of India Dividend
Dividend criteria checks 2/6
Whirlpool of India is a dividend paying company with a current yield of 0.23% that is well covered by earnings.
Key information
0.2%
Dividend yield
29%
Payout ratio
| Industry average yield | 0.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹5.000 |
| Earnings per share | ₹22.54 |
| Dividend yield forecast | 0.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 500238 has been paying a dividend for less than 10 years.
Growing Dividend: 500238's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Whirlpool of India Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (500238) | 0.2% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.0% |
| Industry Average (Consumer Durables) | 0.3% |
| Analyst forecast (500238) (up to 3 years) | 0.4% |
Notable Dividend: 500238's dividend (0.23%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.23%).
High Dividend: 500238's dividend (0.23%) is low compared to the top 25% of dividend payers in the Indian market (1.04%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.2%), 500238's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.7%), 500238's dividend payments are thoroughly covered by cash flows.