Meghmani Organics Dividend
Dividend criteria checks 3/6
Meghmani Organics is a dividend paying company with a current yield of 1.68% that is well covered by earnings.
Key information
1.7%
Dividend yield
15%
Payout ratio
| Industry average yield | 0.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | -₹4.17 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Risks To Shareholder Returns Are Elevated At These Prices For Meghmani Organics Limited (NSE:MOL)
Feb 23
Meghmani Organics (NSE:MOL) Is Due To Pay A Dividend Of ₹1.40
Jun 05Meghmani Organics (NSE:MOL) Could Be Struggling To Allocate Capital
Jan 24Robust Earnings May Not Tell The Whole Story For Meghmani Organics (NSE:MOL)
May 09Earnings Working Against Meghmani Organics Limited's (NSE:MOL) Share Price
Feb 14Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, MOL has been paying a dividend for less than 10 years.
Growing Dividend: MOL has only been paying a dividend for 3 years, and since then payments have not increased.
Dividend Yield vs Market
| Meghmani Organics Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MOL) | 1.7% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Chemicals) | 0.8% |
| Analyst forecast in 3 Years (MOL) | n/a |
Notable Dividend: MOL's dividend (1.68%) is higher than the bottom 25% of dividend payers in the Indian market (0.28%).
High Dividend: MOL's dividend (1.68%) is in the top 25% of dividend payers in the Indian market (1.24%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15%), MOL's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: MOL is paying a dividend but the company has no free cash flows.