Riddhi Services Dividends and Buybacks
Dividend criteria checks 3/6
Riddhi Services is a dividend paying company with a current yield of 1.65% that is well covered by earnings.
Key information
1.6%
Dividend yield
-10.0%
Buyback Yield
| Total Shareholder Yield | -8.3% |
| Future Dividend Yield | n/a |
| Dividend Growth | 45.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹0.980 |
| Payout ratio | 10% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 540590 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 540590's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Riddhi Services Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (540590) | 1.6% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Professional Services) | 1.0% |
| Analyst forecast (540590) (up to 3 years) | n/a |
Notable Dividend: 540590's dividend (1.65%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 540590's dividend (1.65%) is in the top 25% of dividend payers in the Indian market (1.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.7%), 540590's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 540590 is paying a dividend but the company has no free cash flows.