Ujjivan Small Finance Bank Dividend
Dividend criteria checks 4/6
Ujjivan Small Finance Bank is a dividend paying company with a current yield of 2.01% that is well covered by earnings.
Key information
2.0%
Dividend yield
8%
Payout ratio
| Industry average yield | 1.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹6.63 |
| Dividend yield forecast in 3Y | 3.0% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether UJJIVANSFB's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if UJJIVANSFB'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 (UJJIVANSFB) | 2.0% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Banks) | 1.2% |
| Analyst forecast in 3 Years (UJJIVANSFB) | 3.0% |
Notable Dividend: UJJIVANSFB's dividend (2.01%) is higher than the bottom 25% of dividend payers in the Indian market (0.29%).
High Dividend: UJJIVANSFB's dividend (2.01%) is in the top 25% of dividend payers in the Indian market (1.23%)
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (7.9%), UJJIVANSFB's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: UJJIVANSFB's dividends in 3 years are forecast to be well covered by earnings (16.6% payout ratio).