Ujjivan Small Finance Bank Dividend
Dividend criteria checks 4/6
Ujjivan Small Finance Bank is a dividend paying company with a current yield of 1.83% that is well covered by earnings.
Key information
1.8%
Dividend yield
8%
Payout ratio
Industry average yield | 1.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹6.33 |
Dividend yield forecast in 3Y | 1.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 542904's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 542904's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Ujjivan Small Finance Bank Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (542904) | 1.8% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Banks) | 1.0% |
Analyst forecast in 3 Years (542904) | 1.5% |
Notable Dividend: 542904's dividend (1.83%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 542904's dividend (1.83%) is in the top 25% of dividend payers in the Indian market (1.17%)
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (7.9%), 542904's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 542904's dividends in 3 years are forecast to be thoroughly covered by earnings (11.4% payout ratio).