R R Kabel Dividend
Dividend criteria checks 3/6
R R Kabel is a dividend paying company with a current yield of 0.35% that is well covered by earnings. Next payment date is on 5th September, 2024 with an ex-dividend date of 26th July, 2024.
Key information
0.3%
Dividend yield
23%
Payout ratio
| Industry average yield | 0.3% |
| Next dividend pay date | 05 Sep 24 |
| Ex dividend date | 26 Jul 24 |
| Dividend per share | ₹6.000 |
| Earnings per share | ₹26.43 |
| Dividend yield forecast in 3Y | 0.5% |
Recent dividend updates
Recent updates
Is R R Kabel (NSE:RRKABEL) A Risky Investment?
Jul 04
Earnings Update: Here's Why Analysts Just Lifted Their R R Kabel Limited (NSE:RRKABEL) Price Target To ₹1,927
May 31Investors Interested In R R Kabel Limited's (NSE:RRKABEL) Earnings
May 29Estimating The Fair Value Of R R Kabel Limited (NSE:RRKABEL)
Mar 20Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether RRKABEL's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if RRKABEL's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| R R Kabel Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RRKABEL) | 0.3% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Electrical) | 0.3% |
| Analyst forecast in 3 Years (RRKABEL) | 0.5% |
Notable Dividend: RRKABEL's dividend (0.35%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: RRKABEL's dividend (0.35%) is low compared to the top 25% of dividend payers in the Indian market (1.11%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.5%), RRKABEL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (45.3%), RRKABEL's dividend payments are well covered by cash flows.