Astra Microwave Products Limited

NSEI:ASTRAMICRO Stock Report

Market Cap: ₹83.4b

Astra Microwave Products Dividend

Dividend criteria checks 2/6

Astra Microwave Products is a dividend paying company with a current yield of 0.23% that is well covered by earnings. Next payment date is on 29th August, 2024 with an ex-dividend date of 23rd August, 2024.

Key information

0.2%

Dividend yield

16%

Payout ratio

Industry average yield0.3%
Next dividend pay date29 Aug 24
Ex dividend date23 Aug 24
Dividend per share₹2.000
Earnings per share₹12.75
Dividend yield forecast in 3Y0.2%

Recent dividend updates

Recent updates

Astra Microwave Products' (NSE:ASTRAMICRO) Dividend Will Be Increased To ₹2.00

Aug 03
Astra Microwave Products' (NSE:ASTRAMICRO) Dividend Will Be Increased To ₹2.00

Astra Microwave Products (NSE:ASTRAMICRO) Will Pay A Larger Dividend Than Last Year At ₹2.00

Jul 20
Astra Microwave Products (NSE:ASTRAMICRO) Will Pay A Larger Dividend Than Last Year At ₹2.00

Astra Microwave Products (NSE:ASTRAMICRO) Has A Pretty Healthy Balance Sheet

Jun 20
Astra Microwave Products (NSE:ASTRAMICRO) Has A Pretty Healthy Balance Sheet

Optimistic Investors Push Astra Microwave Products Limited (NSE:ASTRAMICRO) Shares Up 26% But Growth Is Lacking

Jun 02
Optimistic Investors Push Astra Microwave Products Limited (NSE:ASTRAMICRO) Shares Up 26% But Growth Is Lacking

Astra Microwave Products' (NSE:ASTRAMICRO) Solid Profits Have Weak Fundamentals

Jun 01
Astra Microwave Products' (NSE:ASTRAMICRO) Solid Profits Have Weak Fundamentals

Astra Microwave Products Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

May 29
Astra Microwave Products Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Here's Why Astra Microwave Products (NSE:ASTRAMICRO) Has Caught The Eye Of Investors

Apr 23
Here's Why Astra Microwave Products (NSE:ASTRAMICRO) Has Caught The Eye Of Investors

Investors Interested In Astra Microwave Products Limited's (NSE:ASTRAMICRO) Earnings

Mar 29
Investors Interested In Astra Microwave Products Limited's (NSE:ASTRAMICRO) Earnings

Astra Microwave Products (NSE:ASTRAMICRO) Is Experiencing Growth In Returns On Capital

Mar 13
Astra Microwave Products (NSE:ASTRAMICRO) Is Experiencing Growth In Returns On Capital

These Analysts Think Astra Microwave Products Limited's (NSE:ASTRAMICRO) Sales Are Under Threat

Feb 14
These Analysts Think Astra Microwave Products Limited's (NSE:ASTRAMICRO) Sales Are Under Threat

If EPS Growth Is Important To You, Astra Microwave Products (NSE:ASTRAMICRO) Presents An Opportunity

Jan 22
If EPS Growth Is Important To You, Astra Microwave Products (NSE:ASTRAMICRO) Presents An Opportunity

We Think Astra Microwave Products (NSE:ASTRAMICRO) Can Stay On Top Of Its Debt

Dec 05
We Think Astra Microwave Products (NSE:ASTRAMICRO) Can Stay On Top Of Its Debt

Astra Microwave Products (NSE:ASTRAMICRO) Is Increasing Its Dividend To ₹1.60

Aug 20
Astra Microwave Products (NSE:ASTRAMICRO) Is Increasing Its Dividend To ₹1.60

Astra Microwave Products (NSE:ASTRAMICRO) Will Pay A Larger Dividend Than Last Year At ₹1.60

Aug 02
Astra Microwave Products (NSE:ASTRAMICRO) Will Pay A Larger Dividend Than Last Year At ₹1.60

Astra Microwave Products' (NSE:ASTRAMICRO) Upcoming Dividend Will Be Larger Than Last Year's

Jul 17
Astra Microwave Products' (NSE:ASTRAMICRO) Upcoming Dividend Will Be Larger Than Last Year's

We Think Astra Microwave Products (NSE:ASTRAMICRO) Can Stay On Top Of Its Debt

Aug 01
We Think Astra Microwave Products (NSE:ASTRAMICRO) Can Stay On Top Of Its Debt

Astra Microwave Products (NSE:ASTRAMICRO) Is Increasing Its Dividend To ₹1.40

Aug 01
Astra Microwave Products (NSE:ASTRAMICRO) Is Increasing Its Dividend To ₹1.40

Astra Microwave Products (NSE:ASTRAMICRO) Is Increasing Its Dividend To ₹1.40

Jul 18
Astra Microwave Products (NSE:ASTRAMICRO) Is Increasing Its Dividend To ₹1.40

Here's What To Make Of Astra Microwave Products' (NSE:ASTRAMICRO) Decelerating Rates Of Return

Dec 20
Here's What To Make Of Astra Microwave Products' (NSE:ASTRAMICRO) Decelerating Rates Of Return

We Think Astra Microwave Products (NSE:ASTRAMICRO) Can Stay On Top Of Its Debt

Nov 22
We Think Astra Microwave Products (NSE:ASTRAMICRO) Can Stay On Top Of Its Debt

Is Astra Microwave Products (NSE:ASTRAMICRO) A Risky Investment?

Aug 10
Is Astra Microwave Products (NSE:ASTRAMICRO) A Risky Investment?

Do Investors Have Good Reason To Be Wary Of Astra Microwave Products Limited's (NSE:ASTRAMICRO) 0.9% Dividend Yield?

Apr 04
Do Investors Have Good Reason To Be Wary Of Astra Microwave Products Limited's (NSE:ASTRAMICRO) 0.9% Dividend Yield?

Astra Microwave Products (NSE:ASTRAMICRO) Has A Somewhat Strained Balance Sheet

Mar 17
Astra Microwave Products (NSE:ASTRAMICRO) Has A Somewhat Strained Balance Sheet

Don't Ignore The Fact That This Insider Just Sold Some Shares In Astra Microwave Products Limited (NSE:ASTRAMICRO)

Mar 02
Don't Ignore The Fact That This Insider Just Sold Some Shares In Astra Microwave Products Limited (NSE:ASTRAMICRO)

What Kind Of Shareholders Hold The Majority In Astra Microwave Products Limited's (NSE:ASTRAMICRO) Shares?

Feb 17
What Kind Of Shareholders Hold The Majority In Astra Microwave Products Limited's (NSE:ASTRAMICRO) Shares?

Astra Microwave Products Limited (NSE:ASTRAMICRO) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?

Jan 31
Astra Microwave Products Limited (NSE:ASTRAMICRO) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?

Astra Microwave Products (NSE:ASTRAMICRO) Shareholders Have Enjoyed A 43% Share Price Gain

Jan 18
Astra Microwave Products (NSE:ASTRAMICRO) Shareholders Have Enjoyed A 43% Share Price Gain

The Trends At Astra Microwave Products (NSE:ASTRAMICRO) That You Should Know About

Jan 05
The Trends At Astra Microwave Products (NSE:ASTRAMICRO) That You Should Know About

Upcoming Dividend Payment

TodayAug 03 2024Ex Dividend DateAug 23 2024Dividend Pay DateAug 29 20246 days from Ex DividendBuy in the next 20 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: ASTRAMICRO's dividend payments have been volatile in the past 10 years.

Growing Dividend: ASTRAMICRO's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Astra Microwave Products Dividend Yield vs Market
How does ASTRAMICRO dividend yield compare to the market?
SegmentDividend Yield
Company (ASTRAMICRO)0.2%
Market Bottom 25% (IN)0.2%
Market Top 25% (IN)1.1%
Industry Average (Communications)0.3%
Analyst forecast in 3 Years (ASTRAMICRO)0.2%

Notable Dividend: ASTRAMICRO's dividend (0.23%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.25%).

High Dividend: ASTRAMICRO's dividend (0.23%) is low compared to the top 25% of dividend payers in the Indian market (1.05%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (15.6%), ASTRAMICRO's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: ASTRAMICRO is paying a dividend but the company has no free cash flows.


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