MMP Industries Dividend
Dividend criteria checks 2/6
MMP Industries is a dividend paying company with a current yield of 0.43% that is well covered by earnings. Next payment date is on 27th September, 2024 with an ex-dividend date of 23rd August, 2024.
Key information
0.4%
Dividend yield
12%
Payout ratio
Industry average yield | 1.7% |
Next dividend pay date | 27 Sep 24 |
Ex dividend date | 23 Aug 24 |
Dividend per share | ₹1.500 |
Earnings per share | ₹13.76 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
MMP Industries (NSE:MMP) May Have Issues Allocating Its Capital
Mar 22Investors Still Aren't Entirely Convinced By MMP Industries Limited's (NSE:MMP) Earnings Despite 25% Price Jump
Feb 15MMP Industries (NSE:MMP) Ticks All The Boxes When It Comes To Earnings Growth
Jan 15These 4 Measures Indicate That MMP Industries (NSE:MMP) Is Using Debt Extensively
Sep 05MMP Industries (NSE:MMP) Takes On Some Risk With Its Use Of Debt
Mar 28Returns On Capital At MMP Industries (NSE:MMP) Paint A Concerning Picture
May 10Capital Allocation Trends At MMP Industries (NSE:MMP) Aren't Ideal
Jan 27MMP Industries (NSE:MMP) Seems To Use Debt Quite Sensibly
Jan 06Is MMP Industries (NSE:MMP) Using Too Much Debt?
Jun 30Here's Why MMP Industries (NSE:MMP) Has A Meaningful Debt Burden
Mar 15Can Mixed Fundamentals Have A Negative Impact on MMP Industries Limited (NSE:MMP) Current Share Price Momentum?
Feb 05Should You Be Impressed By MMP Industries' (NSE:MMP) Returns on Capital?
Jan 09MMP Industries (NSE:MMP) Has A Somewhat Strained Balance Sheet
Dec 14Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, MMP has been paying a dividend for less than 10 years.
Growing Dividend: MMP's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
MMP Industries Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (MMP) | 0.4% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.1% |
Industry Average (Metals and Mining) | 1.7% |
Analyst forecast in 3 Years (MMP) | n/a |
Notable Dividend: MMP's dividend (0.43%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: MMP's dividend (0.43%) is low compared to the top 25% of dividend payers in the Indian market (1.11%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12%), MMP's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: MMP is paying a dividend but the company has no free cash flows.