Kokuyo Camlin Dividend
Dividend criteria checks 2/6
Kokuyo Camlin is a dividend paying company with a current yield of 0.33% that is well covered by earnings. Next payment date is on 5th September, 2024 with an ex-dividend date of 30th July, 2024.
Key information
0.3%
Dividend yield
11%
Payout ratio
| Industry average yield | 0.6% |
| Next dividend pay date | 05 Sep 24 |
| Ex dividend date | 30 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | ₹4.37 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 523207's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 523207's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Kokuyo Camlin Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (523207) | 0.3% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Commercial Services) | 0.6% |
| Analyst forecast in 3 Years (523207) | n/a |
Notable Dividend: 523207's dividend (0.33%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: 523207's dividend (0.33%) is low compared to the top 25% of dividend payers in the Indian market (1.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.4%), 523207's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 523207 is paying a dividend but the company has no free cash flows.