Veljan Denison Dividend
Dividend criteria checks 5/6
Veljan Denison is a dividend paying company with a current yield of 0.37% that is well covered by earnings.
Key information
0.4%
Dividend yield
17%
Payout ratio
Industry average yield | 0.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹49.05 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 505232's dividends per share have been stable in the past 10 years.
Growing Dividend: 505232's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Veljan Denison Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (505232) | 0.4% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Machinery) | 0.6% |
Analyst forecast in 3 Years (505232) | n/a |
Notable Dividend: 505232's dividend (0.37%) is higher than the bottom 25% of dividend payers in the Indian market (0.28%).
High Dividend: 505232's dividend (0.37%) is low compared to the top 25% of dividend payers in the Indian market (1.23%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.3%), 505232's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (58.6%), 505232's dividend payments are covered by cash flows.