Holmarc Opto-Mechatronics Dividends and Buybacks
Dividend criteria checks 1/6
Holmarc Opto-Mechatronics is a dividend paying company with a current yield of 0.24% that is well covered by earnings.
Key information
0.2%
Dividend yield
-1.4%
Buyback Yield
| Total Shareholder Yield | -1.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹0.400 |
| Payout ratio | 11% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether HOLMARC's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if HOLMARC's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Holmarc Opto-Mechatronics Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HOLMARC) | 0.2% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Electronic) | 0.6% |
| Analyst forecast (HOLMARC) (up to 3 years) | n/a |
Notable Dividend: HOLMARC's dividend (0.24%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: HOLMARC's dividend (0.24%) is low compared to the top 25% of dividend payers in the Indian market (1.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (10.7%), HOLMARC's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: HOLMARC is paying a dividend but the company has no free cash flows.