Wheels India Limited Stock Dividends
WHEELS.NS used to pay dividends biannually. Last paid amount was ₹3.97 at Jul 12, 2023. As of today, dividend yield (TTM) is 0.493%.
Dividend Yield Range
AI Analysis of WHEELS.NS
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 0.493% |
|---|---|
| Frequency | Biannually |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | ₹3.97 |
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Wheels India Limited has not yet announced its next dividend date. Last payment date was: Jul 12, 2023.
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WHEELS Dividend Payout History
To ensure a understanding of WHEELS'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 | Jul 12, 2023 | Jul 12, 2023 | Jul 12, 2023 | ₹3.97 | 0.493% |
| 2 | Feb 14, 2023 | Feb 14, 2023 | Feb 14, 2023 | ₹3.00 | 0.565% |
| 3 | Jul 05, 2022 | Jul 05, 2022 | Jul 05, 2022 | ₹8.30 | 1.30% |
| 4 | Jul 27, 2021 | Jul 27, 2021 | Jul 27, 2021 | ₹1.00 | 0.102% |
| 5 | Jun 17, 2020 | Jul 22, 2020 | Aug 28, 2020 | ₹2.65 | 0.599% |
| 6 | Feb 13, 2020 | Feb 25, 2020 | Mar 14, 2020 | ₹3.00 | 0.641% |
| 7 | Aug 06, 2019 | Aug 06, 2019 | Aug 06, 2019 | ₹4.75 | 0.765% |
| 8 | Aug 05, 2019 | Aug 05, 2019 | Aug 05, 2019 | ₹4.75 | 0.760% |
| 9 | Feb 06, 2019 | Feb 15, 2019 | Mar 08, 2019 | ₹3.25 | 0.335% |
| 10 | Aug 08, 2018 | Aug 08, 2018 | Aug 08, 2018 | ₹9.00 | 0.787% |
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
WHEELS Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from WHEELS 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 WHEELS stock here.
Comparing WHEELS to Sector and Country
WHEELS.NS pays a solid dividend yield of 0.493%, which is higher than the average of the bottom 25% of dividend payers in the IN market (0.189%). WHEELS.NS’s dividend yield is lower than the average of the top 25% of dividend payers in the Consumer Cyclical sector in the IN market (3.81%), which means that there are more attractive dividend stocks to consider.
