Mangalore Refinery and Petrochemicals Dividends and Buybacks
Dividend criteria checks 4/6
Mangalore Refinery and Petrochemicals is a dividend paying company with a current yield of 2.54% that is well covered by earnings.
Key information
2.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 1.6% |
| Dividend Growth | -1.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹4.000 |
| Payout ratio | 39% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 500109 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 500109 has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
| Mangalore Refinery and Petrochemicals Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (500109) | 2.5% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Oil and Gas) | 2.7% |
| Analyst forecast (500109) (up to 3 years) | 1.6% |
Notable Dividend: 500109's dividend (2.54%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 500109's dividend (2.54%) is in the top 25% of dividend payers in the Indian market (1.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.6%), 500109's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32.7%), 500109's dividend payments are well covered by cash flows.