What is Birla current dividend yield, its reliability and sustainability?
Dividend Score 5/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Birla Dividend Yield vs Market|
|Market Bottom 25% (IN)||0.4%|
|Market Top 25% (IN)||1.6%|
|Industry Average (Basic Materials)||0.9%|
|Analyst forecast in 3 Years (500335)||1.0%|
Notable Dividend: 500335's dividend (1.03%) is higher than the bottom 25% of dividend payers in the Indian market (0.36%).
High Dividend: 500335's dividend (1.03%) is low compared to the top 25% of dividend payers in the Indian market (1.64%).
Stability and Growth of Payments
Stable Dividend: 500335's dividends per share have been stable in the past 10 years.
Growing Dividend: 500335's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.1%), 500335's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (29.8%), 500335's dividend payments are well covered by cash flows.