Permanent Magnets Dividend
Dividend criteria checks 1/6
Permanent Magnets is a dividend paying company with a current yield of 0.2% that is well covered by earnings.
Key information
0.2%
Dividend yield
8%
Payout ratio
Industry average yield | 2.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | ₹1.800 |
Earnings per share | ₹21.21 |
Future Dividend Yield | 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 |
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Segment | Dividend Yield |
---|---|
Company (504132) | 0.2% |
Market Bottom 25% (IN) | 0.2% |
Market Top 25% (IN) | 1.1% |
Industry Average (Metals and Mining) | 2.5% |
Analyst forecast (504132) (up to 3 years) | n/a |
Notable Dividend: 504132's dividend (0.2%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 504132's dividend (0.2%) is low compared to the top 25% of dividend payers in the Indian market (1.09%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (7.7%), 504132's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 504132 is paying a dividend but the company has no free cash flows.