Mishra Dhatu Nigam Dividend
Dividend criteria checks 2/6
Mishra Dhatu Nigam is a dividend paying company with a current yield of 0.74% that is well covered by earnings.
Key information
0.7%
Dividend yield
52%
Payout ratio
| Industry average yield | 5.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹5.96 |
| Dividend yield forecast in 3Y | 0.5% |
Recent dividend updates
Mishra Dhatu Nigam's (NSE:MIDHANI) Shareholders Will Receive A Smaller Dividend Than Last Year
Mar 17
Mishra Dhatu Nigam (NSE:MIDHANI) Is Increasing Its Dividend To ₹1.67
Sep 10Recent updates
Mishra Dhatu Nigam's (NSE:MIDHANI) Shareholders Will Receive A Smaller Dividend Than Last Year
Mar 17Is Mishra Dhatu Nigam (NSE:MIDHANI) Using Too Much Debt?
Mar 01Mishra Dhatu Nigam (NSE:MIDHANI) Will Be Hoping To Turn Its Returns On Capital Around
Jan 18Here's Why Mishra Dhatu Nigam (NSE:MIDHANI) Has A Meaningful Debt Burden
Nov 10Mishra Dhatu Nigam (NSE:MIDHANI) Is Increasing Its Dividend To ₹1.67
Sep 10Is Mishra Dhatu Nigam (NSE:MIDHANI) A Risky Investment?
Jun 07Mishra Dhatu Nigam (NSE:MIDHANI) Will Be Hoping To Turn Its Returns On Capital Around
May 17Mishra Dhatu Nigam's (NSE:MIDHANI) Upcoming Dividend Will Be Larger Than Last Year's
Mar 18Returns On Capital At Mishra Dhatu Nigam (NSE:MIDHANI) Paint A Concerning Picture
Nov 08Mishra Dhatu Nigam's (NSE:MIDHANI) Dividend Will Be Reduced To ₹1.54
Sep 16Mishra Dhatu Nigam (NSE:MIDHANI) Has Announced That Its Dividend Will Be Reduced To ₹1.54
Sep 02Mishra Dhatu Nigam (NSE:MIDHANI) Has A Somewhat Strained Balance Sheet
Aug 20Here's What's Concerning About Mishra Dhatu Nigam's (NSE:MIDHANI) Returns On Capital
Apr 08Mishra Dhatu Nigam's (NSE:MIDHANI) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 16Mishra Dhatu Nigam (NSE:MIDHANI) Has Announced That It Will Be Increasing Its Dividend To ₹1.58
Sep 08Mishra Dhatu Nigam (NSE:MIDHANI) Is Reinvesting At Lower Rates Of Return
Apr 12Is Mishra Dhatu Nigam Limited (NSE:MIDHANI) A Smart Choice For Dividend Investors?
Mar 05These 4 Measures Indicate That Mishra Dhatu Nigam (NSE:MIDHANI) Is Using Debt Extensively
Feb 15
Introducing Mishra Dhatu Nigam (NSE:MIDHANI), A Stock That Climbed 11% In The Last Year
Jan 25Here's What To Make Of Mishra Dhatu Nigam's (NSE:MIDHANI) Returns On Capital
Jan 07Do Its Financials Have Any Role To Play In Driving Mishra Dhatu Nigam Limited's (NSE:MIDHANI) Stock Up Recently?
Dec 21We're Not Counting On Mishra Dhatu Nigam (NSE:MIDHANI) To Sustain Its Statutory Profitability
Dec 03Should You Rely On Mishra Dhatu Nigam's (NSE:MIDHANI) Earnings Growth?
Jul 02Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MIDHANI has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MIDHANI's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Mishra Dhatu Nigam Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MIDHANI) | 0.7% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Metals and Mining) | 5.5% |
| Analyst forecast in 3 Years (MIDHANI) | 0.5% |
Notable Dividend: MIDHANI's dividend (0.74%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: MIDHANI's dividend (0.74%) is low compared to the top 25% of dividend payers in the Indian market (1.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.6%), MIDHANI's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: MIDHANI is paying a dividend but the company has no free cash flows.