Radiant Cash Management Services Dividend
Dividend criteria checks 3/6
Radiant Cash Management Services is a dividend paying company with a current yield of 2.85% that is well covered by earnings. Next payment date is on 5th October, 2024 with an ex-dividend date of 29th August, 2024.
Key information
2.8%
Dividend yield
65%
Payout ratio
| Industry average yield | 0.6% |
| Next dividend pay date | 05 Oct 24 |
| Ex dividend date | 29 Aug 24 |
| Dividend per share | ₹2.500 |
| Earnings per share | ₹3.87 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RADIANTCMS has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: RADIANTCMS'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 (RADIANTCMS) | 2.8% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Commercial Services) | 0.6% |
| Analyst forecast in 3 Years (RADIANTCMS) | n/a |
Notable Dividend: RADIANTCMS's dividend (2.85%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: RADIANTCMS's dividend (2.85%) is in the top 25% of dividend payers in the Indian market (1.06%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65%), RADIANTCMS's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (127.9%), RADIANTCMS's dividend payments are not well covered by cash flows.