Mahindra Logistics is a dividend paying company with a current yield of 0.52%. Next payment date is on 21st August, 2024 with an ex-dividend date of 12th July, 2024.
Key information
0.5%
Dividend yield
-33%
Payout ratio
Industry average yield
0.8%
Next dividend pay date
21 Aug 24
Ex dividend date
12 Jul 24
Dividend per share
n/a
Earnings per share
-₹7.60
Dividend yield forecast in 3Y
0.6%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 540768 has been paying a dividend for less than 10 years.
Growing Dividend: 540768's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Mahindra Logistics Dividend Yield vs Market
How does 540768 dividend yield compare to the market?
Segment
Dividend Yield
Company (540768)
0.5%
Market Bottom 25% (IN)
0.3%
Market Top 25% (IN)
1.1%
Industry Average (Logistics)
0.8%
Analyst forecast in 3 Years (540768)
0.6%
Notable Dividend: 540768's dividend (0.52%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: 540768's dividend (0.52%) is low compared to the top 25% of dividend payers in the Indian market (1.12%).
Earnings Payout to Shareholders
Earnings Coverage: 540768 is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.6%), 540768's dividend payments are thoroughly covered by cash flows.