Astral Dividends and Buybacks
Dividend criteria checks 4/6
Astral is a dividend paying company with a current yield of 0.21% that is well covered by earnings. Next payment date is on 7th December, 2024 with an ex-dividend date of 14th November, 2024.
Key information
0.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 0.4% |
| Dividend Growth | 10.2% |
| Next dividend pay date | 07 Dec 24 |
| Ex dividend date | 14 Nov 24 |
| Dividend per share | ₹3.750 |
| Payout ratio | 19% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 532830's dividends per share have been stable in the past 10 years.
Growing Dividend: 532830's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Astral Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (532830) | 0.2% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Building) | 0.5% |
| Analyst forecast (532830) (up to 3 years) | 0.4% |
Notable Dividend: 532830's dividend (0.21%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 532830's dividend (0.21%) is low compared to the top 25% of dividend payers in the Indian market (1.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.2%), 532830's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (54.2%), 532830's dividend payments are covered by cash flows.