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 |
| Next Ex-Dividend Date | Jul 09, 2024 |
| Next Payment Date | Aug 16, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from WHEELS the purchase should be done within the next 47 days.
Here's a simple guide on how to buy WHEELS stock.
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 | |
|---|---|---|---|---|---|
| 11 | Aug 08, 2018 | Aug 08, 2018 | Aug 08, 2018 | ₹9.00 | 0.787% |
| 12 | Feb 15, 2018 | Feb 15, 2018 | Feb 15, 2018 | ₹3.00 | 0.284% |
| 13 | Feb 12, 2018 | Feb 12, 2018 | Feb 12, 2018 | ₹6.00 | 0.551% |
| 14 | May 29, 2017 | Jul 28, 2017 | Sep 08, 2017 | ₹4.00 | 0.575% |
| 15 | Feb 17, 2017 | Feb 17, 2017 | Feb 17, 2017 | ₹2.50 | 0.401% |
| 16 | May 25, 2016 | Jul 28, 2016 | Sep 08, 2016 | ₹2.75 | 0.416% |
| 17 | Feb 19, 2016 | Feb 19, 2016 | Feb 19, 2016 | ₹1.75 | 0.406% |
| 18 | May 18, 2015 | Jul 30, 2015 | Sep 10, 2015 | ₹2.25 | 0.375% |
| 19 | Feb 03, 2015 | Feb 12, 2015 | Mar 05, 2015 | ₹1.50 | 0.203% |
| 20 | Aug 27, 2014 | Aug 27, 2014 | Aug 27, 2014 | ₹2.10 | 0.485% |
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 (0.187%). 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 (3.71%), which means that there are more attractive dividend stocks to consider.
