Mangal Credit and Fincorp Dividend
Dividend criteria checks 3/6
Mangal Credit and Fincorp is a dividend paying company with a current yield of 0.41% that is well covered by earnings.
Key information
0.4%
Dividend yield
11%
Payout ratio
| Industry average yield | 0.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹0.600 |
| Earnings per share | ₹6.04 |
| Dividend yield forecast | n/a |
Recent dividend updates
No updates
Recent updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MANCREDIT's dividend payments have been volatile in the past 10 years.
Growing Dividend: MANCREDIT's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Mangal Credit and Fincorp Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MANCREDIT) | 0.4% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Consumer Finance) | 0.7% |
| Analyst forecast (MANCREDIT) (up to 3 years) | n/a |
Notable Dividend: MANCREDIT's dividend (0.41%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: MANCREDIT's dividend (0.41%) is low compared to the top 25% of dividend payers in the Indian market (1.06%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11%), MANCREDIT's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: MANCREDIT is paying a dividend but the company has no free cash flows.