Manaksia Aluminium Dividend
Dividend criteria checks 2/6
Manaksia Aluminium is a dividend paying company with a current yield of 0.2% that is well covered by earnings.
Key information
0.2%
Dividend yield
5%
Payout ratio
| Industry average yield | 5.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹1.06 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Manaksia Aluminium Company Limited (NSE:MANAKALUCO) Not Doing Enough For Some Investors As Its Shares Slump 28%
Mar 07
Returns On Capital Are Showing Encouraging Signs At Manaksia Aluminium (NSE:MANAKALUCO)
Feb 13There's Reason For Concern Over Manaksia Aluminium Company Limited's (NSE:MANAKALUCO) Massive 26% Price Jump
Jan 16Is Manaksia Aluminium (NSE:MANAKALUCO) A Risky Investment?
Jan 12Returns Are Gaining Momentum At Manaksia Aluminium (NSE:MANAKALUCO)
Oct 02Do Manaksia Aluminium's (NSE:MANAKALUCO) Earnings Warrant Your Attention?
Jul 14Manaksia Aluminium (NSE:MANAKALUCO) Is Doing The Right Things To Multiply Its Share Price
Mar 01Here's Why We Think Manaksia Aluminium (NSE:MANAKALUCO) Is Well Worth Watching
Jan 31Manaksia Aluminium (NSE:MANAKALUCO) Has A Somewhat Strained Balance Sheet
Feb 14Manaksia Aluminium (NSE:MANAKALUCO) Is Experiencing Growth In Returns On Capital
Nov 12Manaksia Aluminium (NSE:MANAKALUCO) Has A Somewhat Strained Balance Sheet
Aug 13Manaksia Aluminium (NSE:MANAKALUCO) Is Doing The Right Things To Multiply Its Share Price
May 30Is There More Growth In Store For Manaksia Aluminium's (NSE:MANAKALUCO) Returns On Capital?
Feb 14How Should Investors React To Manaksia Aluminium's (NSE:MANAKALUCO) CEO Pay?
Jan 10Manaksia Aluminium (NSE:MANAKALUCO) Use Of Debt Could Be Considered Risky
Dec 06What We Make Of Manaksia Aluminium's (NSE:MANAKALUCO) Returns On Capital
Nov 01
Does Manaksia Aluminium's (NSE:MANAKALUCO) CEO Salary Compare Well With Industry Peers?
Sep 03What Do The Returns At Manaksia Aluminium (NSE:MANAKALUCO) Mean Going Forward?
Aug 03Investors Continue Waiting On Sidelines For Manaksia Aluminium Company Limited (NSE:MANAKALUCO)
Jul 07Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether MANAKALUCO's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if MANAKALUCO's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Manaksia Aluminium Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MANAKALUCO) | 0.2% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Metals and Mining) | 5.1% |
| Analyst forecast in 3 Years (MANAKALUCO) | n/a |
Notable Dividend: MANAKALUCO's dividend (0.2%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: MANAKALUCO's dividend (0.2%) is low compared to the top 25% of dividend payers in the Indian market (1.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (4.7%), MANAKALUCO's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (6%), MANAKALUCO's dividend payments are thoroughly covered by cash flows.