Permanent Magnets Dividend
Dividend criteria checks 2/6
Permanent Magnets is a dividend paying company with a current yield of 0.14% that is well covered by earnings.
Key information
0.1%
Dividend yield
4%
Payout ratio
Industry average yield | 4.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹23.49 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 504132 has been paying a dividend for less than 10 years.
Growing Dividend: 504132's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Permanent Magnets Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (504132) | 0.1% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Metals and Mining) | 4.8% |
Analyst forecast in 3 Years (504132) | n/a |
Notable Dividend: 504132's dividend (0.14%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: 504132's dividend (0.14%) is low compared to the top 25% of dividend payers in the Indian market (1.2%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (4.1%), 504132's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (66.1%), 504132's dividend payments are covered by cash flows.