RITES Dividends and Buybacks
Dividend criteria checks 2/6
RITES is a dividend paying company with a current yield of 3.29%. Next payment date is on 6th December, 2024 with an ex-dividend date of 14th November, 2024.
Key information
3.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 2.6% |
| Dividend Growth | 4.5% |
| Next dividend pay date | 06 Dec 24 |
| Ex dividend date | 14 Nov 24 |
| Dividend per share | ₹9.000 |
| Payout ratio | 95% |
Recent dividend and buyback updates
RITES' (NSE:RITES) Dividend Is Being Reduced To ₹1.75
Nov 09
RITES (NSE:RITES) Will Pay A Dividend Of ₹5.00
Sep 11RITES (NSE:RITES) Is Due To Pay A Dividend Of ₹5.00
Aug 17RITES (NSE:RITES) Has Announced That Its Dividend Will Be Reduced To ₹2.50
Aug 03Recent updates
RITES' (NSE:RITES) Dividend Is Being Reduced To ₹1.75
Nov 09RITES (NSE:RITES) Will Pay A Dividend Of ₹5.00
Sep 11RITES Limited's (NSE:RITES) CEO Compensation Looks Acceptable To Us And Here's Why
Sep 06RITES (NSE:RITES) Is Due To Pay A Dividend Of ₹5.00
Aug 17RITES (NSE:RITES) Has Announced That Its Dividend Will Be Reduced To ₹2.50
Aug 03A Look At The Intrinsic Value Of RITES Limited (NSE:RITES)
May 26Here's What To Make Of RITES' (NSE:RITES) Decelerating Rates Of Return
Apr 02RITES Limited's (NSE:RITES) 32% Price Boost Is Out Of Tune With Earnings
Feb 23Revenue Beat: RITES Limited Beat Analyst Estimates By 6.1%
Feb 05RITES Limited's (NSE:RITES) Low P/E No Reason For Excitement
Jan 05Return Trends At RITES (NSE:RITES) Aren't Appealing
Dec 12Calculating The Intrinsic Value Of RITES Limited (NSE:RITES)
Oct 28The Trend Of High Returns At RITES (NSE:RITES) Has Us Very Interested
Aug 31RITES' (NSE:RITES) Dividend Is Being Reduced To ₹3.75
Jul 31A Look At The Fair Value Of RITES Limited (NSE:RITES)
Jul 13RITES (NSE:RITES) Is Achieving High Returns On Its Capital
May 01Calculating The Intrinsic Value Of RITES Limited (NSE:RITES)
Apr 05RITES (NSE:RITES) Is Paying Out A Larger Dividend Than Last Year
Nov 17The Trend Of High Returns At RITES (NSE:RITES) Has Us Very Interested
Nov 01Is RITES (NSE:RITES) A Risky Investment?
Sep 30Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RITES has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: RITES's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| RITES Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RITES) | 3.3% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Professional Services) | 1.1% |
| Analyst forecast (RITES) (up to 3 years) | 2.6% |
Notable Dividend: RITES's dividend (3.29%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: RITES's dividend (3.29%) is in the top 25% of dividend payers in the Indian market (1.14%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (95.1%), RITES's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (125.2%), RITES's dividend payments are not well covered by cash flows.