Prakash Pipes Dividend
Dividend criteria checks 3/6
Prakash Pipes is a dividend paying company with a current yield of 0.32% that is well covered by earnings.
Key information
0.3%
Dividend yield
4%
Payout ratio
Industry average yield | 0.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹35.14 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 542684 has been paying a dividend for less than 10 years.
Growing Dividend: 542684 has only been paying a dividend for 5 years, and since then payments have not increased.
Dividend Yield vs Market
Prakash Pipes Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (542684) | 0.3% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Building) | 0.4% |
Analyst forecast in 3 Years (542684) | n/a |
Notable Dividend: 542684's dividend (0.32%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: 542684's dividend (0.32%) is low compared to the top 25% of dividend payers in the Indian market (1.2%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (4%), 542684's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (8.2%), 542684's dividend payments are thoroughly covered by cash flows.