Welcast Steels Dividend
Dividend criteria checks 1/6
Welcast Steels is a dividend paying company with a current yield of 0.15% that is well covered by earnings.
Key information
0.2%
Dividend yield
6%
Payout ratio
Industry average yield | 5.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹28.40 |
Dividend yield forecast in 3Y | n/a |
Recent dividend 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 |
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Segment | Dividend Yield |
---|---|
Company (504988) | 0.2% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Metals and Mining) | 5.2% |
Analyst forecast in 3 Years (504988) | n/a |
Notable Dividend: 504988's dividend (0.15%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 504988's dividend (0.15%) is low compared to the top 25% of dividend payers in the Indian market (1.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (6%), 504988's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 504988 is paying a dividend but the company has no free cash flows.