Mawana Sugars Dividends and Buybacks
Dividend criteria checks 4/6
Mawana Sugars is a dividend paying company with a current yield of 5.77% that is well covered by earnings. Next payment date is on 8th December, 2024 with an ex-dividend date of 22nd November, 2024.
Key information
5.8%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 18.6% |
| Next dividend pay date | 08 Dec 24 |
| Ex dividend date | 22 Nov 24 |
| Dividend per share | ₹6.000 |
| Payout ratio | 42% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 523371 has been paying a dividend for less than 10 years.
Growing Dividend: 523371's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Mawana Sugars Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (523371) | 5.8% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Food) | 1.0% |
| Analyst forecast (523371) (up to 3 years) | n/a |
Notable Dividend: 523371's dividend (5.77%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 523371's dividend (5.77%) is in the top 25% of dividend payers in the Indian market (1.14%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.6%), 523371's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (73.4%), 523371's dividend payments are covered by cash flows.