Equitas Small Finance Bank Dividend
Dividend criteria checks 3/6
Equitas Small Finance Bank is a dividend paying company with a current yield of 1.01% that is well covered by earnings.
Key information
1.0%
Dividend yield
14%
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 | ₹7.04 |
Dividend yield forecast in 3Y | 1.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 543243's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 543243's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Equitas Small Finance Bank Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (543243) | 1.0% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Banks) | 1.0% |
Analyst forecast in 3 Years (543243) | 1.6% |
Notable Dividend: 543243's dividend (1.01%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 543243's dividend (1.01%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (14%), 543243's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 543243's dividends in 3 years are forecast to be thoroughly covered by earnings (12.6% payout ratio).