Indag Rubber Dividend
Dividend criteria checks 5/6
Indag Rubber is a dividend paying company with a current yield of 1.58% that is well covered by earnings.
Key information
1.6%
Dividend yield
44%
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 | ₹7.47 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
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 |
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Segment | Dividend Yield |
---|---|
Company (509162) | 1.6% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Auto Components) | 0.7% |
Analyst forecast in 3 Years (509162) | n/a |
Notable Dividend: 509162's dividend (1.58%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: 509162's dividend (1.58%) is in the top 25% of dividend payers in the Indian market (1.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.2%), 509162's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (56.8%), 509162's dividend payments are covered by cash flows.