Permanent Magnets Dividends and Buybacks
Dividend criteria checks 2/6
Permanent Magnets is a dividend paying company with a current yield of 0.21% that is well covered by earnings.
Key information
0.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -7.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹1.800 |
| Payout ratio | 8% |
Recent dividend and buyback 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) | 0.2% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Metals and Mining) | 2.7% |
| Analyst forecast (504132) (up to 3 years) | n/a |
Notable Dividend: 504132's dividend (0.21%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 504132's dividend (0.21%) is low compared to the top 25% of dividend payers in the Indian market (1.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (8.5%), 504132's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (15.8%), 504132's dividend payments are well covered by cash flows.