Signet Industries Limited

NSEI:SIGIND Stock Report

Market Cap: ₹2.0b

Signet Industries Dividends and Buybacks

Dividend criteria checks 3/6

Signet Industries is a dividend paying company with a current yield of 0.73% that is well covered by earnings.

Key information

0.7%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth9.2%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per share₹0.500
Payout ratio12%

Recent dividend and buyback updates

Signet Industries (NSE:SIGIND) Has Announced A Dividend Of ₹0.50

Sep 05
Signet Industries (NSE:SIGIND) Has Announced A Dividend Of ₹0.50

Signet Industries' (NSE:SIGIND) Dividend Will Be ₹0.50

Aug 20
Signet Industries' (NSE:SIGIND) Dividend Will Be ₹0.50

Recent updates

Signet Industries (NSE:SIGIND) Has Announced A Dividend Of ₹0.50

Sep 05
Signet Industries (NSE:SIGIND) Has Announced A Dividend Of ₹0.50

Signet Industries' (NSE:SIGIND) Dividend Will Be ₹0.50

Aug 20
Signet Industries' (NSE:SIGIND) Dividend Will Be ₹0.50

Shareholders Are Optimistic That Signet Industries (NSE:SIGIND) Will Multiply In Value

Jun 05
Shareholders Are Optimistic That Signet Industries (NSE:SIGIND) Will Multiply In Value

Signet Industries Limited (NSE:SIGIND) Stock Rockets 26% But Many Are Still Ignoring The Company

Apr 28
Signet Industries Limited (NSE:SIGIND) Stock Rockets 26% But Many Are Still Ignoring The Company

Signet Industries Limited's (NSE:SIGIND) Shares Leap 31% Yet They're Still Not Telling The Full Story

Jan 30
Signet Industries Limited's (NSE:SIGIND) Shares Leap 31% Yet They're Still Not Telling The Full Story

Does Signet Industries (NSE:SIGIND) Have A Healthy Balance Sheet?

Jan 05
Does Signet Industries (NSE:SIGIND) Have A Healthy Balance Sheet?

Signet Industries (NSE:SIGIND) Has Affirmed Its Dividend Of ₹0.50

Sep 14
Signet Industries (NSE:SIGIND) Has Affirmed Its Dividend Of ₹0.50

Signet Industries (NSE:SIGIND) Will Pay A Dividend Of ₹0.50

Aug 31
Signet Industries (NSE:SIGIND) Will Pay A Dividend Of ₹0.50

Signet Industries (NSE:SIGIND) Has Announced A Dividend Of ₹0.50

Aug 17
Signet Industries (NSE:SIGIND) Has Announced A Dividend Of ₹0.50

Here's What Signet Industries' (NSE:SIGIND) Strong Returns On Capital Mean

Jun 01
Here's What Signet Industries' (NSE:SIGIND) Strong Returns On Capital Mean

We Think Signet Industries (NSE:SIGIND) Is Taking Some Risk With Its Debt

Feb 16
We Think Signet Industries (NSE:SIGIND) Is Taking Some Risk With Its Debt

Signet Industries (NSE:SIGIND) Is Paying Out A Dividend Of ₹0.50

Sep 08
Signet Industries (NSE:SIGIND) Is Paying Out A Dividend Of ₹0.50

Signet Industries (NSE:SIGIND) Is Paying Out A Dividend Of ₹0.50

Aug 13
Signet Industries (NSE:SIGIND) Is Paying Out A Dividend Of ₹0.50

Returns On Capital Signal Tricky Times Ahead For Signet Industries (NSE:SIGIND)

May 10
Returns On Capital Signal Tricky Times Ahead For Signet Industries (NSE:SIGIND)

Capital Allocation Trends At Signet Industries (NSE:SIGIND) Aren't Ideal

Jan 17
Capital Allocation Trends At Signet Industries (NSE:SIGIND) Aren't Ideal

We Think Signet Industries (NSE:SIGIND) Is Taking Some Risk With Its Debt

Dec 09
We Think Signet Industries (NSE:SIGIND) Is Taking Some Risk With Its Debt

Signet Industries' (NSE:SIGIND) Dividend Will Be ₹0.50

Sep 07
Signet Industries' (NSE:SIGIND) Dividend Will Be ₹0.50

Signet Industries (NSE:SIGIND) Has Announced A Dividend Of ₹0.50

Aug 18
Signet Industries (NSE:SIGIND) Has Announced A Dividend Of ₹0.50

These 4 Measures Indicate That Signet Industries (NSE:SIGIND) Is Using Debt Extensively

Aug 03
These 4 Measures Indicate That Signet Industries (NSE:SIGIND) Is Using Debt Extensively

Investors Could Be Concerned With Signet Industries' (NSE:SIGIND) Returns On Capital

May 31
Investors Could Be Concerned With Signet Industries' (NSE:SIGIND) Returns On Capital

Is Signet Industries (NSE:SIGIND) A Risky Investment?

Mar 30
Is Signet Industries (NSE:SIGIND) A Risky Investment?

Is Signet Industries (NSE:SIGIND) Likely To Turn Things Around?

Mar 02
Is Signet Industries (NSE:SIGIND) Likely To Turn Things Around?

Is Signet Industries Limited (NSE:SIGIND) A Great Dividend Stock?

Feb 08
Is Signet Industries Limited (NSE:SIGIND) A Great Dividend Stock?

How Is Signet Industries' (NSE:SIGIND) CEO Paid Relative To Peers?

Jan 11
How Is Signet Industries' (NSE:SIGIND) CEO Paid Relative To Peers?

Here's Why Signet Industries (NSE:SIGIND) Is Weighed Down By Its Debt Load

Dec 22
Here's Why Signet Industries (NSE:SIGIND) Is Weighed Down By Its Debt Load

Here's What To Make Of Signet Industries' (NSE:SIGIND) Returns On Capital

Nov 30
Here's What To Make Of Signet Industries' (NSE:SIGIND) Returns On Capital

Here's How We Evaluate Signet Industries Limited's (NSE:SIGIND) Dividend

Nov 10
Here's How We Evaluate Signet Industries Limited's (NSE:SIGIND) Dividend

Here's What We Learned About The CEO Pay At Signet Industries Limited (NSE:SIGIND)

Oct 12
Here's What We Learned About The CEO Pay At Signet Industries Limited (NSE:SIGIND)

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: SIGIND's dividend payments have been volatile in the past 10 years.

Growing Dividend: SIGIND's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Signet Industries Dividend Yield vs Market
How does SIGIND dividend yield compare to the market?
SegmentDividend Yield
Company (SIGIND)0.7%
Market Bottom 25% (IN)0.2%
Market Top 25% (IN)1.1%
Industry Average (Trade Distributors)0.2%
Analyst forecast (SIGIND) (up to 3 years)n/a

Notable Dividend: SIGIND's dividend (0.73%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).

High Dividend: SIGIND's dividend (0.73%) is low compared to the top 25% of dividend payers in the Indian market (1.1%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (12.4%), SIGIND's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (2.3%), SIGIND's dividend payments are thoroughly covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 18:50
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Signet Industries Limited is covered by 2 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.

AnalystInstitution
Anil BurraFirstCall Research
Vinayak M.FirstCall Research