NMDC Dividends and Buybacks
Dividend criteria checks 3/6
NMDC is a dividend paying company with a current yield of 3.25% that is well covered by earnings.
Key information
3.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 4.5% |
| Dividend Growth | -3.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹7.250 |
| Payout ratio | 38% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 526371's dividend payments have been volatile in the past 10 years.
Growing Dividend: 526371's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| NMDC Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (526371) | 3.3% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Metals and Mining) | 2.7% |
| Analyst forecast (526371) (up to 3 years) | 4.5% |
Notable Dividend: 526371's dividend (3.25%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 526371's dividend (3.25%) is in the top 25% of dividend payers in the Indian market (1.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.1%), 526371's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (145.7%), 526371's dividend payments are not well covered by cash flows.