Mahanagar Gas Limited

BSE:539957 Stock Report

Market Cap: ₹114.3b

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 Yield2.4%
Future Dividend Yield3.4%
Dividend Growth3.1%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per share₹30.000
Payout ratio16%

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
How does 539957 dividend yield compare to the market?
SegmentDividend 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.


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