Carborundum Universal Dividend
Dividend criteria checks 3/6
Carborundum Universal is a dividend paying company with a current yield of 0.23% that is well covered by earnings. Next payment date is on 21st August, 2024 with an ex-dividend date of 22nd July, 2024.
Key information
0.2%
Dividend yield
16%
Payout ratio
Industry average yield | 0.7% |
Next dividend pay date | 21 Aug 24 |
Ex dividend date | 22 Jul 24 |
Dividend per share | n/a |
Earnings per share | ₹24.24 |
Dividend yield forecast in 3Y | 0.4% |
Recent dividend updates
Carborundum Universal (NSE:CARBORUNIV) Will Pay A Larger Dividend Than Last Year At ₹2.50
Jul 12Carborundum Universal's (NSE:CARBORUNIV) Dividend Will Be Increased To ₹2.50
Jun 25Carborundum Universal's (NSE:CARBORUNIV) Upcoming Dividend Will Be Larger Than Last Year's
May 21Recent updates
Carborundum Universal (NSE:CARBORUNIV) Will Pay A Larger Dividend Than Last Year At ₹2.50
Jul 12Carborundum Universal's (NSE:CARBORUNIV) Dividend Will Be Increased To ₹2.50
Jun 25Carborundum Universal (NSE:CARBORUNIV) Ticks All The Boxes When It Comes To Earnings Growth
Jun 06Carborundum Universal's (NSE:CARBORUNIV) Upcoming Dividend Will Be Larger Than Last Year's
May 21Carborundum Universal Limited (NSE:CARBORUNIV) Released Earnings Last Week And Analysts Lifted Their Price Target To ₹1,459
May 08Carborundum Universal Limited's (NSE:CARBORUNIV) Share Price Not Quite Adding Up
Apr 27Does Carborundum Universal (NSE:CARBORUNIV) Deserve A Spot On Your Watchlist?
Mar 06Investors Met With Slowing Returns on Capital At Carborundum Universal (NSE:CARBORUNIV)
Feb 19Earnings Miss: Carborundum Universal Limited Missed EPS By 6.8% And Analysts Are Revising Their Forecasts
Feb 04Subdued Growth No Barrier To Carborundum Universal Limited's (NSE:CARBORUNIV) Price
Jan 21Do Carborundum Universal's (NSE:CARBORUNIV) Earnings Warrant Your Attention?
Dec 06Returns On Capital At Carborundum Universal (NSE:CARBORUNIV) Have Hit The Brakes
Nov 21Is Carborundum Universal (NSE:CARBORUNIV) Using Too Much Debt?
Nov 06Here's Why We Think Carborundum Universal (NSE:CARBORUNIV) Is Well Worth Watching
Aug 22Returns At Carborundum Universal (NSE:CARBORUNIV) Appear To Be Weighed Down
Aug 05Carborundum Universal (NSE:CARBORUNIV) Has Affirmed Its Dividend Of ₹2.00
Jul 13Carborundum Universal's (NSE:CARBORUNIV) Dividend Will Be ₹2.00
Jun 24Carborundum Universal (NSE:CARBORUNIV) Has A Pretty Healthy Balance Sheet
May 27Carborundum Universal (NSE:CARBORUNIV) Has Announced A Dividend Of ₹2.00
May 11Carborundum Universal's (NSE:CARBORUNIV) Dividend Will Be ₹1.50
Feb 03We Think Carborundum Universal (NSE:CARBORUNIV) Can Stay On Top Of Its Debt
Jan 25The Returns At Carborundum Universal (NSE:CARBORUNIV) Aren't Growing
Jan 05Carborundum Universal (NSE:CARBORUNIV) Hasn't Managed To Accelerate Its Returns
Sep 22Carborundum Universal (NSE:CARBORUNIV) Is Increasing Its Dividend To ₹2.00
Jul 11At ₹768, Is It Time To Put Carborundum Universal Limited (NSE:CARBORUNIV) On Your Watch List?
Jul 08Carborundum Universal's (NSE:CARBORUNIV) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 24These 4 Measures Indicate That Carborundum Universal (NSE:CARBORUNIV) Is Using Debt Reasonably Well
Jun 08Carborundum Universal (NSE:CARBORUNIV) Is Paying Out A Larger Dividend Than Last Year
May 24I Ran A Stock Scan For Earnings Growth And Carborundum Universal (NSE:CARBORUNIV) Passed With Ease
Apr 29Is It Time To Consider Buying Carborundum Universal Limited (NSE:CARBORUNIV)?
Feb 28Carborundum Universal's (NSE:CARBORUNIV) Dividend Will Be ₹1.50
Feb 12Does Carborundum Universal (NSE:CARBORUNIV) Have A Healthy Balance Sheet?
Jan 17Return Trends At Carborundum Universal (NSE:CARBORUNIV) Aren't Appealing
Dec 27Is It Too Late To Consider Buying Carborundum Universal Limited (NSE:CARBORUNIV)?
Nov 22Here's Why I Think Carborundum Universal (NSE:CARBORUNIV) Is An Interesting Stock
Oct 13Investors Met With Slowing Returns on Capital At Carborundum Universal (NSE:CARBORUNIV)
Sep 16Carborundum Universal (NSE:CARBORUNIV) Could Easily Take On More Debt
Aug 26Is There Now An Opportunity In Carborundum Universal Limited (NSE:CARBORUNIV)?
Aug 14Is Now The Time To Put Carborundum Universal (NSE:CARBORUNIV) On Your Watchlist?
Jul 14Here's What To Make Of Carborundum Universal's (NSE:CARBORUNIV) Decelerating Rates Of Return
Jun 02Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CARBORUNIV's dividend payments have been volatile in the past 10 years.
Growing Dividend: CARBORUNIV's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Carborundum Universal Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (CARBORUNIV) | 0.2% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.1% |
Industry Average (Chemicals) | 0.7% |
Analyst forecast in 3 Years (CARBORUNIV) | 0.4% |
Notable Dividend: CARBORUNIV's dividend (0.23%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: CARBORUNIV's dividend (0.23%) 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 (16.5%), CARBORUNIV's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (20.8%), CARBORUNIV's dividend payments are well covered by cash flows.