D.P. Wires Dividend
Dividend criteria checks 2/6
D.P. Wires is a dividend paying company with a current yield of 0.25%.
Key information
0.3%
Dividend yield
n/a
Payout ratio
| Industry average yield | 2.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹1.050 |
| Earnings per share | ₹20.90 |
| Future Dividend Yield | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 543962 has been paying a dividend for less than 10 years.
Growing Dividend: 543962's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| D.P. Wires Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (543962) | 0.3% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Metals and Mining) | 2.5% |
| Analyst forecast (543962) (up to 3 years) | n/a |
Notable Dividend: 543962's dividend (0.25%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 543962's dividend (0.25%) is low compared to the top 25% of dividend payers in the Indian market (1.09%).
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate 543962's payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (8.8%), 543962's dividend payments are thoroughly covered by cash flows.