Asahi India Glass Dividends and Buybacks
Dividend criteria checks 2/6
Asahi India Glass is a dividend paying company with a current yield of 0.3% that is well covered by earnings.
Key information
0.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 0.3% |
| Dividend Growth | -2.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹2.000 |
| Payout ratio | 16% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 515030 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 515030's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Asahi India Glass Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (515030) | 0.3% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Auto Components) | 0.6% |
| Analyst forecast (515030) (up to 3 years) | 0.3% |
Notable Dividend: 515030's dividend (0.3%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 515030's dividend (0.3%) is low compared to the top 25% of dividend payers in the Indian market (1.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.6%), 515030's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 515030 is paying a dividend but the company has no free cash flows.