Ram Ratna Wires Dividend
Dividend criteria checks 4/6
Ram Ratna Wires is a dividend paying company with a current yield of 0.65% that is well covered by earnings. Next payment date is on 27th September, 2024 with an ex-dividend date of 16th August, 2024.
Key information
0.7%
Dividend yield
21%
Payout ratio
| Industry average yield | 0.3% |
| Next dividend pay date | 27 Sep 24 |
| Ex dividend date | 16 Aug 24 |
| Dividend per share | n/a |
| Earnings per share | ₹11.88 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Ram Ratna Wires (NSE:RAMRAT) Ticks All The Boxes When It Comes To Earnings Growth
Jun 12
Investors Still Aren't Entirely Convinced By Ram Ratna Wires Limited's (NSE:RAMRAT) Earnings Despite 30% Price Jump
Apr 18Ram Ratna Wires (NSE:RAMRAT) Has Affirmed Its Dividend Of ₹2.50
Aug 31Ram Ratna Wires (NSE:RAMRAT) Will Pay A Dividend Of ₹2.50
Aug 17Ram Ratna Wires (NSE:RAMRAT) Is Due To Pay A Dividend Of ₹2.50
Aug 03Ram Ratna Wires (NSE:RAMRAT) Has Affirmed Its Dividend Of ₹2.50
Jul 03Ram Ratna Wires' (NSE:RAMRAT) Dividend Will Be ₹2.50
May 30Ram Ratna Wires Limited (NSE:RAMRAT) Soars 34% But It's A Story Of Risk Vs Reward
Aug 29Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RAMRAT's dividend payments have been volatile in the past 10 years.
Growing Dividend: RAMRAT's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Ram Ratna Wires Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RAMRAT) | 0.7% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Electrical) | 0.3% |
| Analyst forecast in 3 Years (RAMRAT) | n/a |
Notable Dividend: RAMRAT's dividend (0.65%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: RAMRAT's dividend (0.65%) is low compared to the top 25% of dividend payers in the Indian market (1.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21%), RAMRAT's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (48.3%), RAMRAT's dividend payments are well covered by cash flows.