Multibase India Dividend
Dividend criteria checks 3/6
Multibase India is a dividend paying company with a current yield of 0.67% that is well covered by earnings.
Key information
0.7%
Dividend yield
26%
Payout ratio
Industry average yield | 0.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹9.64 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 526169 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 526169 has only been paying a dividend for 3 years, and since then payments have not increased.
Dividend Yield vs Market
Multibase India Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (526169) | 0.7% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Chemicals) | 0.8% |
Analyst forecast in 3 Years (526169) | n/a |
Notable Dividend: 526169's dividend (0.67%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 526169's dividend (0.67%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.8%), 526169's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.9%), 526169's dividend payments are well covered by cash flows.