India Motor Parts & Accessories Dividend
Dividend criteria checks 4/6
India Motor Parts & Accessories is a dividend paying company with a current yield of 2.43% that is well covered by earnings.
Key information
2.4%
Dividend yield
38%
Payout ratio
Industry average yield | 1.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹63.73 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 590065's dividend payments have been volatile in the past 10 years.
Growing Dividend: 590065's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
India Motor Parts & Accessories Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (590065) | 2.4% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Retail Distributors) | 1.3% |
Analyst forecast in 3 Years (590065) | n/a |
Notable Dividend: 590065's dividend (2.43%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: 590065's dividend (2.43%) is in the top 25% of dividend payers in the Indian market (1.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.7%), 590065's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (1815.3%), 590065's dividend payments are not well covered by cash flows.