Tata Technologies Dividend
Dividend criteria checks 2/6
Tata Technologies is a dividend paying company with a current yield of 0.8% that is well covered by earnings.
Key information
0.8%
Dividend yield
50%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹16.75 |
Dividend yield forecast in 3Y | 1.4% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether TATATECH's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if TATATECH's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Tata Technologies Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (TATATECH) | 0.8% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (IT) | 2.1% |
Analyst forecast in 3 Years (TATATECH) | 1.4% |
Notable Dividend: TATATECH's dividend (0.8%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: TATATECH's dividend (0.8%) is low compared to the top 25% of dividend payers in the Indian market (1.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.1%), TATATECH's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (168.3%), TATATECH's dividend payments are not well covered by cash flows.