Magadh Sugar & Energy Dividend
What is Magadh Sugar & Energy current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend 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 |
|---|
| Segment | Dividend 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
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 1/20/2023 | 6.5 | 2 |
| 8/6/2022 | 6.5 | 2.15 |
| 5/11/2021 | 4 | 1.37 |
| 8/29/2020 | 4 | 3.5 |
| 6/23/2020 | 4 | 3.14 |
| 8/11/2019 | 1.43 | 1.49 |
| 5/14/2019 | 1.43 | 1.29 |
| 9/3/2018 | 0.71 | 0.97 |
| 5/15/2018 | 0.71 | 1.21 |
| 8/1/2017 | 1.43 | 1.23 |
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.