RITES Dividend
Dividend criteria checks 2/6
RITES is a dividend paying company with a current yield of 2.96%.
Key information
3.0%
Dividend yield
99%
Payout ratio
| Industry average yield | 1.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹19.20 |
| Dividend yield forecast in 3Y | 2.9% |
Recent dividend updates
Recent updates
Here's What To Make Of RITES' (NSE:RITES) Decelerating Rates Of Return
Apr 02
RITES 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 30RITES (NSE:RITES) Is Achieving High Returns On Its Capital
Jul 23Earnings Update: RITES Limited Beat Earnings And Now Analysts Have New Forecasts For This Year
May 27Are Investors Undervaluing RITES Limited (NSE:RITES) By 49%?
May 13RITES (NSE:RITES) Knows How To Allocate Capital Effectively
Jan 06Robust Earnings May Not Tell The Whole Story For RITES (NSE:RITES)
Nov 18Investors Met With Slowing Returns on Capital At RITES (NSE:RITES)
Oct 06Is RITES (NSE:RITES) A Risky Investment?
Sep 02Estimating The Fair Value Of RITES Limited (NSE:RITES)
Jun 07Is RITES Limited (NSE:RITES) At Risk Of Cutting Its Dividend?
May 11RITES (NSE:RITES) Has More To Do To Multiply In Value Going Forward
Apr 09Stability 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) | 3.0% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Professional Services) | 1.1% |
| Analyst forecast in 3 Years (RITES) | 2.9% |
Notable Dividend: RITES's dividend (2.96%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: RITES's dividend (2.96%) is in the top 25% of dividend payers in the Indian market (1.18%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (99%), RITES's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (110.5%), RITES's dividend payments are not well covered by cash flows.