Equitas Small Finance Bank Dividends and Buybacks
Dividend criteria checks 4/6
Equitas Small Finance Bank is a dividend paying company with a current yield of 1.6% that is well covered by earnings.
Key information
1.6%
Dividend yield
-0.9%
Buyback Yield
| Total Shareholder Yield | 0.7% |
| Future Dividend Yield | 2.4% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹1.000 |
| Payout ratio | 14% |
Recent dividend and buyback 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (543243) | 1.6% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Banks) | 1.2% |
| Analyst forecast (543243) (up to 3 years) | 2.4% |
Notable Dividend: 543243's dividend (1.6%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 543243's dividend (1.6%) is in the top 25% of dividend payers in the Indian market (1.15%)
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (14.1%), 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 (14.8% payout ratio).