Mitsu Chem Plast Limited

BSE:890198 Stock Report

Market Cap: ₹2.0b

Mitsu Chem Plast Dividends and Buybacks

Dividend criteria checks 1/6

Mitsu Chem Plast is a dividend paying company with a current yield of 0.13% that is well covered by earnings.

Key information

0.1%

Dividend yield

-4.2%

Buyback Yield

Total Shareholder Yield-4.0%
Future Dividend Yieldn/a
Dividend Growth-10.8%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per share₹0.200
Payout ratio3%

Recent dividend and buyback updates

No updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, 890198 has been paying a dividend for less than 10 years.

Growing Dividend: 890198's dividend payments have increased, but the company has only paid a dividend for 7 years.


Dividend Yield vs Market

Mitsu Chem Plast Dividend Yield vs Market
How does 890198 dividend yield compare to the market?
SegmentDividend Yield
Company (890198)0.1%
Market Bottom 25% (IN)0.3%
Market Top 25% (IN)1.2%
Industry Average (Chemicals)0.7%
Analyst forecast (890198) (up to 3 years)n/a

Notable Dividend: 890198's dividend (0.13%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.26%).

High Dividend: 890198's dividend (0.13%) is low compared to the top 25% of dividend payers in the Indian market (1.09%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (2.8%), 890198's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 890198 is paying a dividend but the company has no free cash flows.


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