Majestic Auto Dividends and Buybacks
Dividend criteria checks 4/6
Majestic Auto is a dividend paying company with a current yield of 3.62% that is well covered by earnings.
Key information
3.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 20.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹15.000 |
| Payout ratio | 49% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 500267 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 500267's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Majestic Auto Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (500267) | 3.6% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Real Estate) | 0.4% |
| Analyst forecast (500267) (up to 3 years) | n/a |
Notable Dividend: 500267's dividend (3.62%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 500267's dividend (3.62%) is in the top 25% of dividend payers in the Indian market (1.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.7%), 500267's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (52%), 500267's dividend payments are covered by cash flows.