Rail Vikas Nigam Dividend
Dividend criteria checks 3/6
Rail Vikas Nigam is a dividend paying company with a current yield of 0.37% 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
28%
Payout ratio
| Industry average yield | 0.6% |
| Next dividend pay date | 30 Oct 24 |
| Ex dividend date | 23 Sep 24 |
| Dividend per share | ₹2.110 |
| Earnings per share | ₹6.98 |
| Dividend yield forecast | 0.5% |
Recent dividend updates
Rail Vikas Nigam (NSE:RVNL) Is Paying Out A Larger Dividend Than Last Year
Sep 02
Rail Vikas Nigam (NSE:RVNL) Has Announced That It Will Be Increasing Its Dividend To ₹0.36
Sep 01Recent updates
Rail Vikas Nigam (NSE:RVNL) Is Paying Out A Larger Dividend Than Last Year
Sep 02Rail Vikas Nigam (NSE:RVNL) Is Experiencing Growth In Returns On Capital
Jul 28There's Reason For Concern Over Rail Vikas Nigam Limited's (NSE:RVNL) Massive 63% Price Jump
Jul 11Here's Why Rail Vikas Nigam (NSE:RVNL) Can Manage Its Debt Responsibly
Jun 12What Rail Vikas Nigam Limited's (NSE:RVNL) P/E Is Not Telling You
May 11Is It Too Late To Consider Buying Rail Vikas Nigam Limited (NSE:RVNL)?
Apr 23Returns Are Gaining Momentum At Rail Vikas Nigam (NSE:RVNL)
Apr 05Estimating The Intrinsic Value Of Rail Vikas Nigam Limited (NSE:RVNL)
Mar 18Earnings Not Telling The Story For Rail Vikas Nigam Limited (NSE:RVNL) After Shares Rise 69%
Feb 01Is Now The Time To Put Rail Vikas Nigam (NSE:RVNL) On Your Watchlist?
Jan 30Is Rail Vikas Nigam (NSE:RVNL) A Risky Investment?
Jan 02Rail Vikas Nigam Limited's (NSE:RVNL) Prospects Need A Boost To Lift Shares
Dec 18Returns At Rail Vikas Nigam (NSE:RVNL) Are On The Way Up
Dec 03At ₹156, Is It Time To Put Rail Vikas Nigam Limited (NSE:RVNL) On Your Watch List?
Nov 08Rail Vikas Nigam (NSE:RVNL) Has Announced That It Will Be Increasing Its Dividend To ₹0.36
Sep 01We Like These Underlying Return On Capital Trends At Rail Vikas Nigam (NSE:RVNL)
Aug 19We Think Rail Vikas Nigam (NSE:RVNL) Is Taking Some Risk With Its Debt
Jul 13Is Rail Vikas Nigam (NSE:RVNL) Using Too Much Debt?
Mar 23Calculating The Intrinsic Value Of Rail Vikas Nigam Limited (NSE:RVNL)
Mar 04There's Been No Shortage Of Growth Recently For Rail Vikas Nigam's (NSE:RVNL) Returns On Capital
Feb 02Is Now An Opportune Moment To Examine Rail Vikas Nigam Limited (NSE:RVNL)?
Jan 17Here's Why Rail Vikas Nigam (NSE:RVNL) Can Manage Its Debt Responsibly
Dec 18Returns On Capital Are Showing Encouraging Signs At Rail Vikas Nigam (NSE:RVNL)
Oct 27Is There Now An Opportunity In Rail Vikas Nigam Limited (NSE:RVNL)?
Oct 06Rail Vikas Nigam (NSE:RVNL) Seems To Use Debt Quite Sensibly
Aug 30Shareholders Can Be Confident That Rail Vikas Nigam's (NSE:RVNL) Earnings Are High Quality
Jun 07At ₹33.40, Is It Time To Put Rail Vikas Nigam Limited (NSE:RVNL) On Your Watch List?
Jun 02When Should You Buy Rail Vikas Nigam Limited (NSE:RVNL)?
Feb 17Does Rail Vikas Nigam (NSE:RVNL) Have A Healthy Balance Sheet?
Dec 17Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, RVNL has been paying a dividend for less than 10 years.
Growing Dividend: RVNL's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Rail Vikas Nigam Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RVNL) | 0.4% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.0% |
| Industry Average (Construction) | 0.6% |
| Analyst forecast (RVNL) (up to 3 years) | 0.5% |
Notable Dividend: RVNL's dividend (0.37%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: RVNL's dividend (0.37%) is low compared to the top 25% of dividend payers in the Indian market (1.05%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.9%), RVNL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (16.8%), RVNL's dividend payments are well covered by cash flows.