Index Agro Industries Dividends and Buybacks
Dividend criteria checks 3/6
Index Agro Industries is a dividend paying company with a current yield of 4.02% that is well covered by earnings. Next payment date is on 22nd January, 2025 with an ex-dividend date of 17th November, 2024.
Key information
4.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 26.6% |
| Next dividend pay date | 22 Jan 25 |
| Ex dividend date | 17 Nov 24 |
| Dividend per share | ৳2.500 |
| Payout ratio | 46% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: INDEXAGRO has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: INDEXAGRO has only been paying a dividend for 3 years, and since then payments have not increased.
Dividend Yield vs Market
| Index Agro Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (INDEXAGRO) | 4.0% |
| Market Bottom 25% (BD) | 1.1% |
| Market Top 25% (BD) | 4.4% |
| Industry Average (Food) | 1.1% |
| Analyst forecast (INDEXAGRO) (up to 3 years) | n/a |
Notable Dividend: INDEXAGRO's dividend (4.02%) is higher than the bottom 25% of dividend payers in the BD market (1.08%).
High Dividend: INDEXAGRO's dividend (4.02%) is low compared to the top 25% of dividend payers in the BD market (4.3%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.6%), INDEXAGRO's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.9%), INDEXAGRO's dividend payments are well covered by cash flows.