Ice Make Refrigeration Dividend
Dividend criteria checks 2/6
Ice Make Refrigeration is a dividend paying company with a current yield of 0.33% that is well covered by earnings.
Key information
0.3%
Dividend yield
14%
Payout ratio
| Industry average yield | 0.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹13.04 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Ice Make Refrigeration (NSE:ICEMAKE) Is Paying Out A Dividend Of ₹1.20
Aug 27
Ice Make Refrigeration's (NSE:ICEMAKE) Dividend Will Be ₹1.20
Jul 28Ice Make Refrigeration (NSE:ICEMAKE) Has Announced A Dividend Of ₹1.20
Sep 03Recent updates
Investors Should Be Encouraged By Ice Make Refrigeration's (NSE:ICEMAKE) Returns On Capital
May 21Here's Why We Think Ice Make Refrigeration (NSE:ICEMAKE) Might Deserve Your Attention Today
Mar 23Ice Make Refrigeration's (NSE:ICEMAKE) Earnings Are Of Questionable Quality
Nov 16Here's Why We Think Ice Make Refrigeration (NSE:ICEMAKE) Is Well Worth Watching
Oct 06Ice Make Refrigeration (NSE:ICEMAKE) Is Achieving High Returns On Its Capital
Jul 19Does Ice Make Refrigeration (NSE:ICEMAKE) Deserve A Spot On Your Watchlist?
Dec 23Ice Make Refrigeration (NSE:ICEMAKE) Is Paying Out A Dividend Of ₹1.20
Aug 27Ice Make Refrigeration's (NSE:ICEMAKE) Dividend Will Be ₹1.20
Jul 28A Look At The Fair Value Of Ice Make Refrigeration Limited (NSE:ICEMAKE)
Feb 24These 4 Measures Indicate That Ice Make Refrigeration (NSE:ICEMAKE) Is Using Debt Extensively
Jan 27Ice Make Refrigeration (NSE:ICEMAKE) Has Announced A Dividend Of ₹1.20
Sep 03Read This Before Buying Ice Make Refrigeration Limited (NSE:ICEMAKE) For Its Dividend
May 03Is Ice Make Refrigeration (NSE:ICEMAKE) Using Too Much Debt?
Mar 16Does The Market Have A Low Tolerance For Ice Make Refrigeration Limited's (NSE:ICEMAKE) Mixed Fundamentals?
Feb 15Is Ice Make Refrigeration Limited (NSE:ICEMAKE) A Smart Pick For Income Investors?
Jan 20These 4 Measures Indicate That Ice Make Refrigeration (NSE:ICEMAKE) Is Using Debt Extensively
Dec 16
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, ICEMAKE has been paying a dividend for less than 10 years.
Growing Dividend: ICEMAKE's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Ice Make Refrigeration Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ICEMAKE) | 0.3% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Machinery) | 0.6% |
| Analyst forecast in 3 Years (ICEMAKE) | n/a |
Notable Dividend: ICEMAKE's dividend (0.33%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: ICEMAKE's dividend (0.33%) 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 (13.6%), ICEMAKE's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: ICEMAKE is paying a dividend but the company has no free cash flows.