Welcast Steels Dividends and Buybacks
Dividend criteria checks 2/6
Welcast Steels is a dividend paying company with a current yield of 0.18% 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 | -17.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹2.500 |
| Payout ratio | 3% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 504988's dividend payments have been volatile in the past 10 years.
Growing Dividend: 504988's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Welcast Steels Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (504988) | 0.2% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Metals and Mining) | 2.7% |
| Analyst forecast (504988) (up to 3 years) | n/a |
Notable Dividend: 504988's dividend (0.18%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 504988's dividend (0.18%) is low compared to the top 25% of dividend payers in the Indian market (1.14%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (3%), 504988's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (18.1%), 504988's dividend payments are well covered by cash flows.