Ion Exchange (India) Dividend
Dividend criteria checks 4/6
Ion Exchange (India) is a dividend paying company with a current yield of 0.22% that is well covered by earnings.
Key information
0.2%
Dividend yield
8%
Payout ratio
Industry average yield | 0.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹16.67 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 500214's dividends per share have been stable in the past 10 years.
Growing Dividend: 500214's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Ion Exchange (India) Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (500214) | 0.2% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Commercial Services) | 0.5% |
Analyst forecast in 3 Years (500214) | n/a |
Notable Dividend: 500214's dividend (0.22%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 500214's dividend (0.22%) is low compared to the top 25% of dividend payers in the Indian market (1.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (7.5%), 500214's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.6%), 500214's dividend payments are well covered by cash flows.