Magadh Sugar & Energy Limited

BSE:540650 Stock Report

Mkt Cap: ₹4.6b

Magadh Sugar & Energy Dividend

What is Magadh Sugar & Energy current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


2.00%

Current Dividend Yield

Dividend Yield vs Market

Magadh Sugar & Energy Dividend Yield vs Market
How does 540650 dividend yield compare to the market?
SegmentDividend Yield
Company (540650)2.0%
Market Bottom 25% (IN)0.4%
Market Top 25% (IN)1.5%
Industry Average (Food)1.1%
Analyst forecast in 3 Years (540650)n/a

Notable Dividend: 540650's dividend (2%) is higher than the bottom 25% of dividend payers in the Indian market (0.36%).

High Dividend: 540650's dividend (2%) is in the top 25% of dividend payers in the Indian market (1.53%)


Stability and Growth of Payments

How stable has Magadh Sugar & Energy's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
1/20/20236.52
8/6/20226.52.15
5/11/202141.37
8/29/202043.5
6/23/202043.14
8/11/20191.431.49
5/14/20191.431.29
9/3/20180.710.97
5/15/20180.711.21
8/1/20171.431.23

Stable Dividend: 540650 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 540650's dividend payments have increased, but the company has only paid a dividend for 5 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (19.9%), 540650's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (3.8%), 540650's dividend payments are thoroughly covered by cash flows.


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