M M Forgings Dividend
Dividend criteria checks 3/6
M M Forgings is a dividend paying company with a current yield of 0.64% that is well covered by earnings.
Key information
0.6%
Dividend yield
14%
Payout ratio
Industry average yield | 3.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹55.94 |
Dividend yield forecast in 3Y | 0.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 522241's dividend payments have been volatile in the past 10 years.
Growing Dividend: 522241's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
M M Forgings Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (522241) | 0.6% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.1% |
Industry Average (Metals and Mining) | 3.0% |
Analyst forecast in 3 Years (522241) | 0.8% |
Notable Dividend: 522241's dividend (0.64%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: 522241's dividend (0.64%) is low compared to the top 25% of dividend payers in the Indian market (1.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (14.3%), 522241's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 522241 is paying a dividend but the company has no free cash flows.