Narmada Gelatines Dividend
Dividend criteria checks 6/6
Narmada Gelatines is a dividend paying company with a current yield of 2.51% that is well covered by earnings.
Key information
2.5%
Dividend yield
39%
Payout ratio
Industry average yield | 0.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹25.34 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 526739's dividends per share have been stable in the past 10 years.
Growing Dividend: 526739's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Narmada Gelatines Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (526739) | 2.5% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.1% |
Industry Average (Chemicals) | 0.7% |
Analyst forecast in 3 Years (526739) | n/a |
Notable Dividend: 526739's dividend (2.51%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 526739's dividend (2.51%) is in the top 25% of dividend payers in the Indian market (1.11%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.5%), 526739's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (47.3%), 526739's dividend payments are well covered by cash flows.