Birla Cable Dividend
Dividend criteria checks 3/6
Birla Cable is a dividend paying company with a current yield of 0.92% that is well covered by earnings.
Key information
0.9%
Dividend yield
23%
Payout ratio
| Industry average yield | 0.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹11.10 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
It's Down 27% But Birla Cable Limited (NSE:BIRLACABLE) Could Be Riskier Than It Looks
Mar 14
Does Birla Cable (NSE:BIRLACABLE) Have A Healthy Balance Sheet?
Mar 12Here's Why Birla Cable (NSE:BIRLACABLE) Can Manage Its Debt Responsibly
Sep 09Birla Cable (NSE:BIRLACABLE) Is Increasing Its Dividend To ₹2.50
Aug 19Birla Cable (NSE:BIRLACABLE) Has More To Do To Multiply In Value Going Forward
Jul 25Birla Cable (NSE:BIRLACABLE) Seems To Use Debt Quite Sensibly
May 24Birla Cable's (NSE:BIRLACABLE) Promising Earnings May Rest On Soft Foundations
Nov 08Birla Cable's (NSE:BIRLACABLE) Returns On Capital Are Heading Higher
Oct 08Birla Cable (NSE:BIRLACABLE) Will Pay A Larger Dividend Than Last Year At ₹1.50
Sep 02Birla Cable (NSE:BIRLACABLE) Seems To Use Debt Quite Sensibly
Jul 19Birla Cable (NSE:BIRLACABLE) Might Have The Makings Of A Multi-Bagger
Jun 17Does Birla Cable (NSE:BIRLACABLE) Have A Healthy Balance Sheet?
Feb 08Birla Cable (NSE:BIRLACABLE) Hasn't Managed To Accelerate Its Returns
Dec 27These 4 Measures Indicate That Birla Cable (NSE:BIRLACABLE) Is Using Debt Reasonably Well
Aug 16Birla Cable's (NSE:BIRLACABLE) Returns On Capital Not Reflecting Well On The Business
May 09We Think Birla Cable (NSE:BIRLACABLE) Is Taking Some Risk With Its Debt
Mar 17Birla Cable Limited's (NSE:BIRLACABLE) Stock Is Going Strong: Have Financials A Role To Play?
Feb 10
What Do The Returns On Capital At Birla Cable (NSE:BIRLACABLE) Tell Us?
Jan 06Is Birla Cable (NSE:BIRLACABLE) Using Too Much Debt?
Dec 02Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BIRLACABLE's dividend payments have been volatile in the past 10 years.
Growing Dividend: BIRLACABLE's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Birla Cable Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BIRLACABLE) | 0.9% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Communications) | 0.5% |
| Analyst forecast in 3 Years (BIRLACABLE) | n/a |
Notable Dividend: BIRLACABLE's dividend (0.92%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: BIRLACABLE's dividend (0.92%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.8%), BIRLACABLE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: BIRLACABLE is paying a dividend but the company has no free cash flows.