Indag Rubber Dividends and Buybacks
Dividend criteria checks 4/6
Indag Rubber is a dividend paying company with a current yield of 1.59% that is well covered by earnings. Next payment date is on 13th December, 2024 with an ex-dividend date of 28th November, 2024.
Key information
1.6%
Dividend yield
-0.6%
Buyback Yield
| Total Shareholder Yield | 1.0% |
| Future Dividend Yield | n/a |
| Dividend Growth | 2.0% |
| Next dividend pay date | 13 Dec 24 |
| Ex dividend date | 28 Nov 24 |
| Dividend per share | ₹3.000 |
| Payout ratio | 67% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 509162's dividend payments have been volatile in the past 10 years.
Growing Dividend: 509162's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Indag Rubber Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (509162) | 1.6% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Auto Components) | 0.6% |
| Analyst forecast (509162) (up to 3 years) | n/a |
Notable Dividend: 509162's dividend (1.59%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 509162's dividend (1.59%) is in the top 25% of dividend payers in the Indian market (1.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (66.9%), 509162's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (92%), 509162's dividend payments are not well covered by cash flows.