Somany Ceramics Dividends and Buybacks
Dividend criteria checks 4/6
Somany Ceramics is a dividend paying company with a current yield of 0.48% that is well covered by earnings.
Key information
0.5%
Dividend yield
5.9%
Buyback Yield
| Total Shareholder Yield | 6.4% |
| Future Dividend Yield | 0.9% |
| Dividend Growth | 0.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹3.000 |
| Payout ratio | 13% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 531548's dividend payments have been volatile in the past 10 years.
Growing Dividend: 531548's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Somany Ceramics Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (531548) | 0.5% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Building) | 0.5% |
| Analyst forecast (531548) (up to 3 years) | 0.9% |
Notable Dividend: 531548's dividend (0.48%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 531548's dividend (0.48%) is low compared to the top 25% of dividend payers in the Indian market (1.14%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13%), 531548's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (9.7%), 531548's dividend payments are thoroughly covered by cash flows.