Western India Plywoods Dividend
Dividend criteria checks 3/6
Western India Plywoods is a dividend paying company with a current yield of 0.64% that is well covered by earnings.
Key information
0.6%
Dividend yield
23%
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 | ₹5.28 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Western India Plywoods (NSE:WIPL) Seems To Use Debt Rather Sparingly
Mar 16Estimating The Fair Value Of The Western India Plywoods Limited (NSE:WIPL)
Oct 21Should You Be Adding Western India Plywoods (NSE:WIPL) To Your Watchlist Today?
Jul 25Calculating The Fair Value Of The Western India Plywoods Limited (NSE:WIPL)
Feb 10Western India Plywoods (NSE:WIPL) Could Easily Take On More Debt
Dec 28Here's Why Western India Plywoods (NSE:WIPL) Has A Meaningful Debt Burden
Jan 13Calculating The Intrinsic Value Of The Western India Plywoods Limited (NSE:WIPL)
Jun 01A Look At The Intrinsic Value Of The Western India Plywoods Limited (NSE:WIPL)
Feb 16We Think Western India Plywoods (NSE:WIPL) Is Taking Some Risk With Its Debt
Jan 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: WIPL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: WIPL's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
Western India Plywoods Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (WIPL) | 0.6% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Forestry) | 0.8% |
Analyst forecast in 3 Years (WIPL) | n/a |
Notable Dividend: WIPL's dividend (0.64%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: WIPL's dividend (0.64%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.2%), WIPL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (17.3%), WIPL's dividend payments are well covered by cash flows.