Morarka Finance Dividends and Buybacks
Dividend criteria checks 4/6
Morarka Finance is a dividend paying company with a current yield of 3.93% that is well covered by earnings.
Key information
3.9%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 22.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹6.000 |
| Payout ratio | 43% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 511549 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 511549's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Morarka Finance Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (511549) | 3.9% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Capital Markets) | 1.2% |
| Analyst forecast (511549) (up to 3 years) | n/a |
Notable Dividend: 511549's dividend (3.93%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 511549's dividend (3.93%) is in the top 25% of dividend payers in the Indian market (1.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.8%), 511549's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (79.1%), 511549's dividend payments are covered by cash flows.