Carborundum Universal Limited Stock Dividends
CARBORUNIV.NS pays dividends biannually. Last paid amount was ₹1.50 at Feb 28, 2024. As of today, dividend yield (TTM) is 0.311%.
Dividend Yield Range
AI Analysis of CARBORUNIV.NS
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 0.311% |
|---|---|
| Frequency | Biannually |
| 1Y Growth | -25.00% |
| Payout Ratio | 0 |
| Amount Per Share | ₹1.50 |
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Carborundum Universal Limited has not yet announced its next dividend date. Last payment date was: Feb 28, 2024.
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CARBORUNIV Dividend Payout History
To ensure a understanding of CARBORUNIV's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 12, 2024 | Feb 12, 2024 | Feb 28, 2024 | ₹1.50 | 0.142% |
| 2 | Jul 25, 2023 | Jul 25, 2023 | Jul 25, 2023 | ₹2.00 | 0.169% |
| 3 | Feb 10, 2023 | Feb 10, 2023 | Feb 10, 2023 | ₹1.50 | 0.148% |
| 4 | Jul 21, 2022 | Jul 21, 2022 | Jul 21, 2022 | ₹2.00 | 0.254% |
| 5 | Feb 21, 2022 | Feb 21, 2022 | Feb 21, 2022 | ₹1.50 | 0.173% |
| 6 | Jul 22, 2021 | Jul 22, 2021 | Jul 22, 2021 | ₹1.50 | 0.233% |
| 7 | Feb 11, 2021 | Feb 11, 2021 | Feb 11, 2021 | ₹1.50 | 0.288% |
| 8 | Feb 18, 2020 | Mar 04, 2020 | Mar 11, 2020 | ₹2.75 | 0.93% |
| 9 | Jul 23, 2019 | Jul 23, 2019 | Jul 23, 2019 | ₹1.25 | 0.364% |
| 10 | Jul 22, 2019 | Jul 22, 2019 | Jul 22, 2019 | ₹1.25 | 0.375% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
CARBORUNIV Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from CARBORUNIV dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in CARBORUNIV stock here.
Comparing CARBORUNIV to Sector and Country
CARBORUNIV.NS pays a solid dividend yield of 0.311%, which is higher than the average of the bottom 25% of dividend payers in the IN market (0.208%). CARBORUNIV.NS’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the IN market (2.18%), which means that there are more attractive dividend stocks to consider.
