Indian Railway Catering & Tourism Dividends and Buybacks
Dividend criteria checks 3/6
Indian Railway Catering & Tourism is a dividend paying company with a current yield of 1.01% that is well covered by earnings. Next payment date is on 4th December, 2024 with an ex-dividend date of 14th November, 2024.
Key information
1.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 1.6% |
| Dividend Growth | 11.4% |
| Next dividend pay date | 04 Dec 24 |
| Ex dividend date | 14 Nov 24 |
| Dividend per share | ₹8.000 |
| Payout ratio | 53% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 542830 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 542830's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Indian Railway Catering & Tourism Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (542830) | 1.0% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Commercial Services) | 0.8% |
| Analyst forecast (542830) (up to 3 years) | 1.6% |
Notable Dividend: 542830's dividend (1.01%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 542830's dividend (1.01%) is low compared to the top 25% of dividend payers in the Indian market (1.14%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.4%), 542830's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (77.9%), 542830's dividend payments are covered by cash flows.