Tata Metaliks Dividend

What is Tata Metaliks's current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


1.09%

Current Dividend Yield

Dividend Yield vs Market

Tata Metaliks Dividend Yield vs Market
How does 513434 dividend yield compare to the market?
SegmentDividend Yield
Company (513434)1.1%
Market Bottom 25% (IN)0.4%
Market Top 25% (IN)1.6%
Industry Average (Metals and Mining)6.3%
Analyst forecast in 3 Years (513434)n/a

Notable Dividend: 513434's dividend (1.09%) is higher than the bottom 25% of dividend payers in the Indian market (0.35%).

High Dividend: 513434's dividend (1.09%) is low compared to the top 25% of dividend payers in the Indian market (1.59%).


Stability and Growth of Payments

Stable Dividend: 513434 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 513434's dividend payments have increased, but the company has only paid a dividend for 6 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (17.5%), 513434's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (17.3%), 513434's dividend payments are well covered by cash flows.


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