Ujjivan Small Finance Bank Dividend
Dividend criteria checks 4/6
Ujjivan Small Finance Bank is a dividend paying company with a current yield of 3.37% that is well covered by earnings.
Key information
3.4%
Dividend yield
23%
Payout ratio
Industry average yield | 1.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | ₹1.500 |
Earnings per share | ₹6.63 |
Dividend yield forecast in 3Y | 3.3% |
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 |
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Segment | Dividend Yield |
---|---|
Company (UJJIVANSFB) | 3.4% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.1% |
Industry Average (Banks) | 1.1% |
Analyst forecast in 3 Years (UJJIVANSFB) | 3.3% |
Notable Dividend: UJJIVANSFB's dividend (3.37%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: UJJIVANSFB's dividend (3.37%) is in the top 25% of dividend payers in the Indian market (1.11%)
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.6%), UJJIVANSFB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: UJJIVANSFB's dividends in 3 years are forecast to be well covered by earnings (17.2% payout ratio).