Hindustan Tin Works Dividend
Dividend criteria checks 3/6
Hindustan Tin Works is a dividend paying company with a current yield of 0.53% that is well covered by earnings. Next payment date is on 27th October, 2024 with an ex-dividend date of 20th September, 2024.
Key information
0.5%
Dividend yield
7%
Payout ratio
| Industry average yield | 0.7% |
| Next dividend pay date | 27 Oct 24 |
| Ex dividend date | 20 Sep 24 |
| Dividend per share | ₹1.200 |
| Earnings per share | ₹15.80 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 530315's dividend payments have been volatile in the past 10 years.
Growing Dividend: 530315's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Hindustan Tin Works Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (530315) | 0.5% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Packaging) | 0.7% |
| Analyst forecast (530315) (up to 3 years) | n/a |
Notable Dividend: 530315's dividend (0.53%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 530315's dividend (0.53%) is low compared to the top 25% of dividend payers in the Indian market (1.05%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (7.3%), 530315's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 530315 is paying a dividend but the company has no free cash flows.