Rico Auto Industries Dividend
Dividend criteria checks 4/6
Rico Auto Industries is a dividend paying company with a current yield of 0.48% that is well covered by earnings. Next payment date is on 27th October, 2024 with an ex-dividend date of 20th September, 2024.
Key information
0.5%
Dividend yield
21%
Payout ratio
| Industry average yield | 0.5% |
| Next dividend pay date | 27 Oct 24 |
| Ex dividend date | 20 Sep 24 |
| Dividend per share | ₹0.600 |
| Earnings per share | ₹2.84 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Rico Auto Industries (NSE:RICOAUTO) Is Reducing Its Dividend To ₹0.60
Aug 25
Rico Auto Industries' (NSE:RICOAUTO) Dividend Will Be Increased To ₹0.75
Sep 14Rico Auto Industries' (NSE:RICOAUTO) Dividend Will Be Increased To ₹0.75
Aug 31Rico Auto Industries' (NSE:RICOAUTO) Upcoming Dividend Will Be Larger Than Last Year's
Aug 17Recent updates
Rico Auto Industries (NSE:RICOAUTO) Is Reducing Its Dividend To ₹0.60
Aug 25Rico Auto Industries Limited (NSE:RICOAUTO) Stock Rockets 44% As Investors Are Less Pessimistic Than Expected
Mar 16There's Reason For Concern Over Rico Auto Industries Limited's (NSE:RICOAUTO) Price
Jan 31Shareholders Will Probably Hold Off On Increasing Rico Auto Industries Limited's (NSE:RICOAUTO) CEO Compensation For The Time Being
Sep 23Rico Auto Industries' (NSE:RICOAUTO) Dividend Will Be Increased To ₹0.75
Sep 14Rico Auto Industries' (NSE:RICOAUTO) Dividend Will Be Increased To ₹0.75
Aug 31Rico Auto Industries' (NSE:RICOAUTO) Upcoming Dividend Will Be Larger Than Last Year's
Aug 17Rico Auto Industries (NSE:RICOAUTO) Has Some Way To Go To Become A Multi-Bagger
Jun 21These 4 Measures Indicate That Rico Auto Industries (NSE:RICOAUTO) Is Using Debt Extensively
Jun 06Returns On Capital At Rico Auto Industries (NSE:RICOAUTO) Have Stalled
Mar 16Is Rico Auto Industries (NSE:RICOAUTO) Using Too Much Debt?
Feb 16Rico Auto Industries (NSE:RICOAUTO) Hasn't Managed To Accelerate Its Returns
Nov 29Rico Auto Industries (NSE:RICOAUTO) Has Announced That It Will Be Increasing Its Dividend To ₹0.40
Sep 11Returns On Capital At Rico Auto Industries (NSE:RICOAUTO) Have Hit The Brakes
Aug 18Is Rico Auto Industries (NSE:RICOAUTO) A Risky Investment?
Jun 19Returns On Capital Signal Tricky Times Ahead For Rico Auto Industries (NSE:RICOAUTO)
May 12These 4 Measures Indicate That Rico Auto Industries (NSE:RICOAUTO) Is Using Debt In A Risky Way
Feb 25Here's Why Rico Auto Industries (NSE:RICOAUTO) Is Weighed Down By Its Debt Load
Jul 15Rico Auto Industries Limited (NSE:RICOAUTO) Insiders Increased Their Holdings
Mar 16How Should Investors React To Rico Auto Industries' (NSE:RICOAUTO) CEO Pay?
Feb 15Rico Auto Industries'(NSE:RICOAUTO) Share Price Is Down 61% Over The Past Three Years.
Jan 25
Should You Buy Rico Auto Industries Limited (NSE:RICOAUTO) For Its 0.8% Dividend?
Jan 04Did Rico Auto Industries Limited (NSE:RICOAUTO) Insiders Buy Up More Shares?
Dec 14Is Rico Auto Industries (NSE:RICOAUTO) Using Debt Sensibly?
Nov 23A Quick Analysis On Rico Auto Industries' (NSE:RICOAUTO) CEO Compensation
Nov 03If You Had Bought Rico Auto Industries' (NSE:RICOAUTO) Shares Three Years Ago You Would Be Down 70%
Oct 07Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RICOAUTO's dividend payments have been volatile in the past 10 years.
Growing Dividend: RICOAUTO's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Rico Auto Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RICOAUTO) | 0.5% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Auto Components) | 0.5% |
| Analyst forecast in 3 Years (RICOAUTO) | n/a |
Notable Dividend: RICOAUTO's dividend (0.48%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: RICOAUTO's dividend (0.48%) is low compared to the top 25% of dividend payers in the Indian market (1.06%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.8%), RICOAUTO's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (10.6%), RICOAUTO's dividend payments are thoroughly covered by cash flows.