IP Rings Dividend
Dividend criteria checks 3/6
IP Rings is a dividend paying company with a current yield of 0.55% that is well covered by earnings.
Key information
0.6%
Dividend yield
76%
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 | -₹4.31 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 523638 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 523638 has only been paying a dividend for 5 years, and since then payments have not increased.
Dividend Yield vs Market
IP Rings Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (523638) | 0.6% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Auto Components) | 0.7% |
Analyst forecast in 3 Years (523638) | n/a |
Notable Dividend: 523638's dividend (0.55%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 523638's dividend (0.55%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (76%), 523638's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (3.3%), 523638's dividend payments are thoroughly covered by cash flows.