Ion Exchange (India) Dividend
Dividend criteria checks 3/6
Ion Exchange (India) is a dividend paying company with a current yield of 0.23% that is well covered by earnings. Next payment date is on 11th October, 2024 with an ex-dividend date of 3rd September, 2024.
Key information
0.2%
Dividend yield
9%
Payout ratio
| Industry average yield | 0.6% |
| Next dividend pay date | 11 Oct 24 |
| Ex dividend date | 03 Sep 24 |
| Dividend per share | ₹1.500 |
| Earnings per share | ₹16.90 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Ion Exchange (India) (NSE:IONEXCHANG) Is Increasing Its Dividend To ₹1.50
Aug 10
What Ion Exchange (India) Limited's (NSE:IONEXCHANG) 30% Share Price Gain Is Not Telling You
Jul 02We Think You Should Be Aware Of Some Concerning Factors In Ion Exchange (India)'s (NSE:IONEXCHANG) Earnings
Jun 06Shareholders Are Optimistic That Ion Exchange (India) (NSE:IONEXCHANG) Will Multiply In Value
May 14Investors Shouldn't Overlook The Favourable Returns On Capital At Ion Exchange (India) (NSE:IONEXCHANG)
Dec 29Here's What Ion Exchange (India)'s (NSE:IONEXCHANG) Strong Returns On Capital Mean
Aug 09Many Would Be Envious Of Ion Exchange (India)'s (NSE:IONEXCHANG) Excellent Returns On Capital
Mar 15Robust Earnings May Not Tell The Whole Story For Ion Exchange (India) (NSE:IONEXCHANG)
Jun 04A Piece Of The Puzzle Missing From Ion Exchange (India) Limited's (NSE:IONEXCHANG) Share Price
Jun 01Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: IONEXCHANG's dividends per share have been stable in the past 10 years.
Growing Dividend: IONEXCHANG's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Ion Exchange (India) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (IONEXCHANG) | 0.2% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Commercial Services) | 0.6% |
| Analyst forecast in 3 Years (IONEXCHANG) | n/a |
Notable Dividend: IONEXCHANG's dividend (0.23%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: IONEXCHANG's dividend (0.23%) is low compared to the top 25% of dividend payers in the Indian market (1.06%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.1%), IONEXCHANG's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (191.8%), IONEXCHANG's dividend payments are not well covered by cash flows.