Tata Technologies Dividend
Dividend criteria checks 2/6
Tata Technologies is a dividend paying company with a current yield of 0.75% that is well covered by earnings.
Key information
0.7%
Dividend yield
50%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹8.400 |
| Earnings per share | ₹16.02 |
| Dividend yield forecast | 1.3% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 544028's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 544028's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Tata Technologies Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (544028) | 0.7% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.0% |
| Industry Average (IT) | 1.8% |
| Analyst forecast (544028) (up to 3 years) | 1.3% |
Notable Dividend: 544028's dividend (0.75%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 544028's dividend (0.75%) is low compared to the top 25% of dividend payers in the Indian market (1.02%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.2%), 544028's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (168.3%), 544028's dividend payments are not well covered by cash flows.