Shivalik Bimetal Controls Dividend
Dividend criteria checks 3/6
Shivalik Bimetal Controls is a dividend paying company with a current yield of 0.31% that is well covered by earnings.
Key information
0.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -15.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹2.000 |
| Payout ratio | 12% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 513097 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 513097's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Shivalik Bimetal Controls Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (513097) | 0.3% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Metals and Mining) | 2.5% |
| Analyst forecast (513097) (up to 3 years) | n/a |
Notable Dividend: 513097's dividend (0.31%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 513097's dividend (0.31%) 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 (11.6%), 513097's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.7%), 513097's dividend payments are well covered by cash flows.