Ice Make Refrigeration Dividends and Buybacks
Dividend criteria checks 2/6
Ice Make Refrigeration is a dividend paying company with a current yield of 0.26% that is well covered by earnings.
Key information
0.3%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 0.3% |
| Future Dividend Yield | n/a |
| Dividend Growth | -21.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹2.000 |
| Payout ratio | 12% |
Recent dividend and buyback updates
Ice Make Refrigeration (NSE:ICEMAKE) Has Announced That It Will Be Increasing Its Dividend To ₹2.00
Sep 17
Ice Make Refrigeration (NSE:ICEMAKE) Is Increasing Its Dividend To ₹2.00
Aug 11Ice Make Refrigeration (NSE:ICEMAKE) Is Paying Out A Dividend Of ₹1.20
Aug 27Recent updates
Shareholders Would Enjoy A Repeat Of Ice Make Refrigeration's (NSE:ICEMAKE) Recent Growth In Returns
Nov 04Investors Still Waiting For A Pull Back In Ice Make Refrigeration Limited (NSE:ICEMAKE)
Oct 11Ice Make Refrigeration (NSE:ICEMAKE) Has Announced That It Will Be Increasing Its Dividend To ₹2.00
Sep 17Ice Make Refrigeration (NSE:ICEMAKE) Is Increasing Its Dividend To ₹2.00
Aug 11Is Ice Make Refrigeration (NSE:ICEMAKE) Using Too Much Debt?
Jul 27Ice Make Refrigeration's (NSE:ICEMAKE) Earnings Are Weaker Than They Seem
Jun 06Ice Make Refrigeration Limited (NSE:ICEMAKE) Stocks Shoot Up 25% But Its P/E Still Looks Reasonable
May 30Investors 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 7 years.
Dividend Yield vs Market
| Ice Make Refrigeration Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ICEMAKE) | 0.3% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Machinery) | 0.7% |
| Analyst forecast (ICEMAKE) (up to 3 years) | n/a |
Notable Dividend: ICEMAKE's dividend (0.26%) is higher than the bottom 25% of dividend payers in the Indian market (0.23%).
High Dividend: ICEMAKE's dividend (0.26%) is low compared to the top 25% of dividend payers in the Indian market (1.09%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.1%), 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.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/04 12:08 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Ice Make Refrigeration Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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