Finolex Cables Dividends and Buybacks
Dividend criteria checks 5/6
Finolex Cables is a dividend paying company with a current yield of 0.71% that is well covered by earnings.
Key information
0.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 1.0% |
| Dividend Growth | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹8.000 |
| Payout ratio | 19% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 500144's dividends per share have been stable in the past 10 years.
Growing Dividend: 500144's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Finolex Cables Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (500144) | 0.7% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Electrical) | 0.3% |
| Analyst forecast (500144) (up to 3 years) | 1.0% |
Notable Dividend: 500144's dividend (0.71%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 500144's dividend (0.71%) is low compared to the top 25% of dividend payers in the Indian market (1.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.8%), 500144's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (85.1%), 500144's dividend payments are covered by cash flows.