Rail Vikas Nigam Dividends and Buybacks
Dividend criteria checks 3/6
Rail Vikas Nigam is a dividend paying company with a current yield of 0.5% that is well covered by earnings.
Key information
0.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 0.7% |
| Dividend Growth | -22.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹2.110 |
| Payout ratio | 28% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 542649 has been paying a dividend for less than 10 years.
Growing Dividend: 542649's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Rail Vikas Nigam Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (542649) | 0.5% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Construction) | 0.7% |
| Analyst forecast (542649) (up to 3 years) | 0.7% |
Notable Dividend: 542649's dividend (0.5%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 542649's dividend (0.5%) is low compared to the top 25% of dividend payers in the Indian market (1.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.9%), 542649's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (50.3%), 542649's dividend payments are covered by cash flows.