Radiant Cash Management Services Dividends and Buybacks
Dividend criteria checks 3/6
Radiant Cash Management Services is a dividend paying company with a current yield of 3.26% that is well covered by earnings.
Key information
3.3%
Dividend yield
-1.1%
Buyback Yield
| Total Shareholder Yield | 2.1% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹2.500 |
| Payout ratio | 61% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 543732 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 543732's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Radiant Cash Management Services Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (543732) | 3.3% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Commercial Services) | 0.8% |
| Analyst forecast (543732) (up to 3 years) | n/a |
Notable Dividend: 543732's dividend (3.26%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 543732's dividend (3.26%) is in the top 25% of dividend payers in the Indian market (1.12%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.5%), 543732's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (127.9%), 543732's dividend payments are not well covered by cash flows.