Radiant Cash Management Services Dividend
Dividend criteria checks 3/6
Radiant Cash Management Services is a dividend paying company with a current yield of 4.74% that is well covered by earnings.
Key information
4.7%
Dividend yield
41%
Payout ratio
| Industry average yield | 0.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹4.86 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether RADIANTCMS's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if RADIANTCMS's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Radiant Cash Management Services Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RADIANTCMS) | 4.7% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Commercial Services) | 0.6% |
| Analyst forecast in 3 Years (RADIANTCMS) | n/a |
Notable Dividend: RADIANTCMS's dividend (4.74%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: RADIANTCMS's dividend (4.74%) is in the top 25% of dividend payers in the Indian market (1.23%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.3%), RADIANTCMS's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate RADIANTCMS's cash payout ratio to determine if its dividend payments are covered by cash flows.