Prince Pipes and Fittings Dividends and Buybacks
Dividend criteria checks 1/6
Prince Pipes and Fittings is a dividend paying company with a current yield of 0.22% that is well covered by earnings.
Key information
0.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 0.7% |
| Dividend Growth | -45.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹1.000 |
| Payout ratio | 6% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 542907 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 542907 has only been paying a dividend for 5 years, and since then payments have not increased.
Dividend Yield vs Market
| Prince Pipes and Fittings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (542907) | 0.2% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Building) | 0.5% |
| Analyst forecast (542907) (up to 3 years) | 0.7% |
Notable Dividend: 542907's dividend (0.22%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.23%).
High Dividend: 542907's dividend (0.22%) is low compared to the top 25% of dividend payers in the Indian market (1.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (6.1%), 542907's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 542907 is paying a dividend but the company has no free cash flows.