Jullundur Motor Agency (Delhi) Dividend
Dividend criteria checks 4/6
Jullundur Motor Agency (Delhi) is a dividend paying company with a current yield of 2% that is well covered by earnings.
Key information
2.0%
Dividend yield
17%
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 | ₹11.22 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Jullundur Motor Agency (Delhi) Limited (NSE:JMA) Stock Rockets 34% But Many Are Still Ignoring The Company
Feb 26
Jullundur Motor Agency (Delhi) (NSE:JMA) Shareholders Will Want The ROCE Trajectory To Continue
Feb 24Here's Why I Think Jullundur Motor Agency (Delhi) (NSE:JMA) Might Deserve Your Attention Today
Jan 12Do Jullundur Motor Agency (Delhi)'s (NSE:JMA) Earnings Warrant Your Attention?
Aug 02Should You Buy Jullundur Motor Agency (Delhi) Limited (NSE:JMA) For Its Dividend?
Mar 28Have Insiders Been Buying Jullundur Motor Agency (Delhi) Limited (NSE:JMA) Shares This Year?
Feb 02Are Jullundur Motor Agency (Delhi)'s (NSE:JMA) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 29
Here's What You Should Know About Jullundur Motor Agency (Delhi) Limited's (NSE:JMA) 3.3% Dividend Yield
Nov 24Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, JMA has been paying a dividend for less than 10 years.
Growing Dividend: JMA's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Jullundur Motor Agency (Delhi) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (JMA) | 2.0% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Retail Distributors) | 1.3% |
| Analyst forecast in 3 Years (JMA) | n/a |
Notable Dividend: JMA's dividend (2%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: JMA's dividend (2%) is in the top 25% of dividend payers in the Indian market (1.18%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (16.9%), JMA's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (73.2%), JMA's dividend payments are covered by cash flows.