Yahoo Finance

Dividend Yield: 3.1%

Swaraj Engines offers a dividend yield of 3.09%, placing it in the top 25% among Indian dividend payers, yet its dividends have been volatile and unreliable over the past decade. The high payout ratio of 83.7% indicates coverage by earnings, but cash flows are insufficient with a cash payout ratio at 122%. Recent leadership changes and an ongoing tax penalty appeal may influence future financial strategies but don't directly impact current dividends.

• Click here to discover the nuances of Swaraj Engines with our detailed analytical dividend report.

• In light of our recent valuation report, it seems possible that Swaraj Engines is trading behind its estimated value.

Union Bank of India

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Union Bank of India offers a range of banking products and services, with a market cap of ₹856.64 billion.

Operations: Union Bank of India's revenue is primarily derived from Treasury Operations (₹317.49 billion), Corporate/Wholesale Banking (₹440.12 billion), and Retail Banking Operations, which include Digital Banking Operations (₹10.23 billion) and Other Retail Banking Operations (₹397.16 billion).

Dividend Yield: 3.2%

Union Bank of India provides a dividend yield of 3.21%, ranking it among the top 25% of Indian dividend payers, though its dividends have been volatile and unreliable over the past decade. The bank maintains a low payout ratio of 18.8%, suggesting dividends are well covered by earnings despite a high level of bad loans at 4.7%. Recent regulatory penalties and ongoing internal reviews may impact future financial strategies but not current dividend payments.

• Click here and access our complete dividend analysis report to understand the dynamics of Union Bank of India.

• The valuation report we've compiled suggests that Union Bank of India's current price could be quite moderate.

Where To Now?

• Navigate through the entire inventory of 19 Top Indian Dividend Stocks here.

• Have a stake in these businesses? Integrate your holdings into Simply Wall St's portfolio for notifications and detailed stock reports.

• Take control of your financial future using Simply Wall St, offering free, in-depth knowledge of international markets to every investor.

Interested In Other Possibilities?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.

• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.

• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include NSEI:BANKBARODA NSEI:SWARAJENG and NSEI:UNIONBANK.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com