Mahanagar Gas Dividends and Buybacks
Dividend criteria checks 4/6
Mahanagar Gas is a dividend paying company with a current yield of 2.67% that is well covered by earnings.
Key information
2.7%
Dividend yield
-0.1%
Buyback Yield
| Total Shareholder Yield | 2.5% |
| Future Dividend Yield | 3.6% |
| Dividend Growth | 3.3% |
| 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
Mahanagar Gas (NSE:MGL) Strong Profits May Be Masking Some Underlying Issues
Nov 01
Mahanagar Gas Limited's (NSE:MGL) Low P/E No Reason For Excitement
Oct 22Is Mahanagar Gas (NSE:MGL) A Risky Investment?
Sep 26Mahanagar Gas Limited's (NSE:MGL) Shares Bounce 35% But Its Business Still Trails The Market
Jul 02Shareholders Are Optimistic That Mahanagar Gas (NSE:MGL) Will Multiply In Value
Jun 07We Think Mahanagar Gas (NSE:MGL) Can Manage Its Debt With Ease
Mar 21Capital Investments At Mahanagar Gas (NSE:MGL) Point To A Promising Future
Mar 06Mahanagar Gas Limited's (NSE:MGL) Price Is Right But Growth Is Lacking
Feb 17Calculating The Fair Value Of Mahanagar Gas Limited (NSE:MGL)
Jan 11Mahanagar Gas (NSE:MGL) Might Become A Compounding Machine
Oct 04Estimating The Fair Value Of Mahanagar Gas Limited (NSE:MGL)
Sep 07Mahanagar Gas (NSE:MGL) Has Announced That It Will Be Increasing Its Dividend To ₹16.00
Aug 03Capital Allocation Trends At Mahanagar Gas (NSE:MGL) Aren't Ideal
Jul 04Here's Why Mahanagar Gas (NSE:MGL) Can Manage Its Debt Responsibly
Feb 24Mahanagar Gas' (NSE:MGL) Upcoming Dividend Will Be Larger Than Last Year's
Feb 05Mahanagar Gas' (NSE:MGL) Shareholders Have More To Worry About Than Only Soft Earnings
Nov 19Here's Why Mahanagar Gas (NSE:MGL) Can Manage Its Debt Responsibly
Sep 27Here's What's Concerning About Mahanagar Gas' (NSE:MGL) Returns On Capital
Jul 23Mahanagar Gas (NSE:MGL) Might Be Having Difficulty Using Its Capital Effectively
Apr 05Capital Investment Trends At Mahanagar Gas (NSE:MGL) Look Strong
Dec 17Here's Why I Think Mahanagar Gas (NSE:MGL) Is An Interesting Stock
Nov 18This Is The Reason Why We Think Mahanagar Gas Limited's (NSE:MGL) CEO Deserves A Bump Up To Their Compensation
Sep 21Calculating The Intrinsic Value Of Mahanagar Gas Limited (NSE:MGL)
Sep 05Capital Investments At Mahanagar Gas (NSE:MGL) Point To A Promising Future
Aug 21Estimating The Intrinsic Value Of Mahanagar Gas Limited (NSE:MGL)
May 30Capital Investment Trends At Mahanagar Gas (NSE:MGL) Look Strong
May 10Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, MGL has been paying a dividend for less than 10 years.
Growing Dividend: MGL'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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MGL) | 2.7% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Gas Utilities) | 1.9% |
| Analyst forecast (MGL) (up to 3 years) | 3.6% |
Notable Dividend: MGL's dividend (2.67%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: MGL's dividend (2.67%) is in the top 25% of dividend payers in the Indian market (1.14%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.6%), MGL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.1%), MGL's dividend payments are covered by cash flows.