Mangalam Worldwide Dividends and Buybacks
Dividend criteria checks 2/6
Mangalam Worldwide is a dividend paying company with a current yield of 0.65% that is well covered by earnings.
Key information
0.7%
Dividend yield
-3.0%
Buyback Yield
| Total Shareholder Yield | -2.4% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹1.000 |
| Payout ratio | 11% |
Recent dividend and buyback updates
Recent updates
Mangalam Worldwide's (NSE:MWL) Earnings Are Of Questionable Quality
Nov 06
Mangalam Worldwide's (NSE:MWL) Promising Earnings May Rest On Soft Foundations
Apr 27Mangalam Worldwide (NSE:MWL) Takes On Some Risk With Its Use Of Debt
Apr 23Mangalam Worldwide Limited (NSE:MWL) Stock Rockets 26% But Many Are Still Ignoring The Company
Apr 23It's A Story Of Risk Vs Reward With Mangalam Worldwide Limited (NSE:MWL)
Dec 08Mangalam Worldwide (NSE:MWL) Might Have The Makings Of A Multi-Bagger
Aug 08We Believe Mangalam Worldwide's (NSE:MWL) Earnings Are A Poor Guide For Its Profitability
Apr 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, MWL has been paying a dividend for less than 10 years.
Growing Dividend: MWL has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
| Mangalam Worldwide Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MWL) | 0.7% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Metals and Mining) | 2.7% |
| Analyst forecast (MWL) (up to 3 years) | n/a |
Notable Dividend: MWL's dividend (0.65%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: MWL's dividend (0.65%) 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 (11.2%), MWL's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: MWL is paying a dividend but the company has no free cash flows.