Poojawestern Metaliks Dividend
Dividend criteria checks 2/6
Poojawestern Metaliks is a dividend paying company with a current yield of 1.85%.
Key information
1.9%
Dividend yield
95%
Payout ratio
| Industry average yield | 5.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹1.69 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 540727's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 540727's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Poojawestern Metaliks Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (540727) | 1.9% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Metals and Mining) | 5.0% |
| Analyst forecast in 3 Years (540727) | n/a |
Notable Dividend: 540727's dividend (1.85%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 540727's dividend (1.85%) is in the top 25% of dividend payers in the Indian market (1.18%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (95.3%), 540727's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 540727 is paying a dividend but the company has no free cash flows.