Mukand Dividends and Buybacks
Dividend criteria checks 3/6
Mukand is a dividend paying company with a current yield of 1.37% that is well covered by earnings.
Key information
1.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 11.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹2.000 |
| Payout ratio | 28% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 500460 has been paying a dividend for less than 10 years.
Growing Dividend: 500460's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Mukand Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (500460) | 1.4% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Metals and Mining) | 2.5% |
| Analyst forecast (500460) (up to 3 years) | n/a |
Notable Dividend: 500460's dividend (1.37%) is higher than the bottom 25% of dividend payers in the Indian market (0.23%).
High Dividend: 500460's dividend (1.37%) is in the top 25% of dividend payers in the Indian market (1.08%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.1%), 500460's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (234.6%), 500460's dividend payments are not well covered by cash flows.