Tata Elxsi Dividend
Dividend criteria checks 5/6
Tata Elxsi is a dividend paying company with a current yield of 0.98% that is well covered by earnings.
Key information
1.0%
Dividend yield
50%
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 | ₹127.95 |
Dividend yield forecast in 3Y | 1.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 500408's dividends per share have been stable in the past 10 years.
Growing Dividend: 500408's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Tata Elxsi Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (500408) | 1.0% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Software) | 1.3% |
Analyst forecast in 3 Years (500408) | 1.3% |
Notable Dividend: 500408's dividend (0.98%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 500408's dividend (0.98%) is low compared to the top 25% of dividend payers in the Indian market (1.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (50%), 500408's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (75.6%), 500408's dividend payments are covered by cash flows.