Allsec Technologies Dividend
Dividend criteria checks 2/6
Allsec Technologies is a dividend paying company with a current yield of 3.92%. Next payment date is on 1st September, 2024 with an ex-dividend date of 5th July, 2024.
Key information
3.9%
Dividend yield
107%
Payout ratio
| Industry average yield | 1.2% |
| Next dividend pay date | 01 Sep 24 |
| Ex dividend date | 05 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | ₹42.00 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Allsec Technologies (NSE:ALLSEC) Will Want To Turn Around Its Return Trends
May 13
Allsec Technologies (NSE:ALLSEC) Seems To Use Debt Rather Sparingly
Feb 24There May Be Reason For Hope In Allsec Technologies' (NSE:ALLSEC) Disappointing Earnings
Nov 04Allsec Technologies (NSE:ALLSEC) Might Be Having Difficulty Using Its Capital Effectively
Nov 01Allsec Technologies (NSE:ALLSEC) Will Want To Turn Around Its Return Trends
Jul 10Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ALLSEC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ALLSEC's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Allsec Technologies Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ALLSEC) | 3.9% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Professional Services) | 1.2% |
| Analyst forecast in 3 Years (ALLSEC) | n/a |
Notable Dividend: ALLSEC's dividend (3.92%) is higher than the bottom 25% of dividend payers in the Indian market (0.28%).
High Dividend: ALLSEC's dividend (3.92%) is in the top 25% of dividend payers in the Indian market (1.16%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (107.1%), ALLSEC's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (93.5%), ALLSEC's dividend payments are not well covered by cash flows.