DMCC Speciality Chemicals Dividend
Dividend criteria checks 3/6
DMCC Speciality Chemicals is a dividend paying company with a current yield of 0.36% that is well covered by earnings. Next payment date is on 4th October, 2024 with an ex-dividend date of 28th August, 2024.
Key information
0.4%
Dividend yield
22%
Payout ratio
| Industry average yield | 0.6% |
| Next dividend pay date | 04 Oct 24 |
| Ex dividend date | 28 Aug 24 |
| Dividend per share | ₹1.000 |
| Earnings per share | ₹3.94 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
DMCC Speciality Chemicals Limited (NSE:DMCC) Stock Rockets 30% As Investors Are Less Pessimistic Than Expected
Apr 13
DMCC Speciality Chemicals (NSE:DMCC) Might Be Having Difficulty Using Its Capital Effectively
Mar 14Returns On Capital Signal Tricky Times Ahead For DMCC Speciality Chemicals (NSE:DMCC)
Jun 23Dharamsi Morarji Chemical's (NSE:DHARAMSI) Anemic Earnings Might Be Worse Than You Think
Jun 01Subdued Growth No Barrier To The Dharamsi Morarji Chemical Company Limited (NSE:DHARAMSI) With Shares Advancing 29%
Apr 13Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DMCC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: DMCC's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| DMCC Speciality Chemicals Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DMCC) | 0.4% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Chemicals) | 0.6% |
| Analyst forecast in 3 Years (DMCC) | n/a |
Notable Dividend: DMCC's dividend (0.36%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: DMCC's dividend (0.36%) 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 (21.5%), DMCC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.8%), DMCC's dividend payments are thoroughly covered by cash flows.