Mahanagar Gas Dividends and Buybacks
Dividend criteria checks 4/6
Mahanagar Gas is a dividend paying company with a current yield of 2.53% that is well covered by earnings.
Key information
2.5%
Dividend yield
-0.1%
Buyback Yield
Total Shareholder Yield | 2.4% |
Future Dividend Yield | 3.4% |
Dividend Growth | 3.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | ₹30.000 |
Payout ratio | 16% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 539957 has been paying a dividend for less than 10 years.
Growing Dividend: 539957's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Mahanagar Gas Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (539957) | 2.5% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Gas Utilities) | 1.9% |
Analyst forecast (539957) (up to 3 years) | 3.4% |
Notable Dividend: 539957's dividend (2.53%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 539957's dividend (2.53%) is in the top 25% of dividend payers in the Indian market (1.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.6%), 539957's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.1%), 539957's dividend payments are covered by cash flows.