Atam Valves Dividend
Dividend criteria checks 3/6
Atam Valves is a dividend paying company with a current yield of 0.45% that is well covered by earnings. Next payment date is on 30th October, 2024 with an ex-dividend date of 23rd September, 2024.
Key information
0.4%
Dividend yield
14%
Payout ratio
| Industry average yield | 0.7% |
| Next dividend pay date | 30 Oct 24 |
| Ex dividend date | 23 Sep 24 |
| Dividend per share | ₹0.750 |
| Earnings per share | ₹4.57 |
| Dividend yield forecast | n/a |
Recent dividend updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ATAM has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ATAM's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Atam Valves Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ATAM) | 0.4% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.0% |
| Industry Average (Machinery) | 0.7% |
| Analyst forecast (ATAM) (up to 3 years) | n/a |
Notable Dividend: ATAM's dividend (0.45%) is higher than the bottom 25% of dividend payers in the Indian market (0.23%).
High Dividend: ATAM's dividend (0.45%) is low compared to the top 25% of dividend payers in the Indian market (1.04%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (14.4%), ATAM's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (19.4%), ATAM's dividend payments are well covered by cash flows.