Mangalore Refinery and Petrochemicals Dividend
Dividend criteria checks 2/6
Mangalore Refinery and Petrochemicals is a dividend paying company with a current yield of 0.9%.
Key information
0.9%
Dividend yield
n/a
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹24.95 |
Dividend yield forecast in 3Y | 1.2% |
Recent dividend 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) | 0.9% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Oil and Gas) | 1.8% |
Analyst forecast in 3 Years (500109) | 1.2% |
Notable Dividend: 500109's dividend (0.9%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: 500109's dividend (0.9%) is low compared to the top 25% of dividend payers in the Indian market (1.22%).
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate 500109's payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (7%), 500109's dividend payments are thoroughly covered by cash flows.