Vardhman Textiles Dividend

What is Vardhman Textiles's current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


10.17%

Current Dividend Yield

Dividend Yield vs Market

Vardhman Textiles Dividend Yield vs Market
How does 502986 dividend yield compare to the market?
SegmentDividend Yield
Company (502986)10.2%
Market Bottom 25% (IN)0.4%
Market Top 25% (IN)1.5%
Industry Average (Luxury)0.7%
Analyst forecast in 3 Years (502986)2.2%

Notable Dividend: 502986's dividend (10.17%) is higher than the bottom 25% of dividend payers in the Indian market (0.35%).

High Dividend: 502986's dividend (10.17%) is in the top 25% of dividend payers in the Indian market (1.54%)


Stability and Growth of Payments

How stable has Vardhman Textiles's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
3/31/20247.252
3/31/20237.62
11/29/20223510.17
9/8/20223510.19
5/23/20223511.86
1/24/20226.81.5
10/27/20216.81.56
9/7/20213.50.92
1/21/2021-0
10/26/2020-0
7/27/2020-0
6/23/2020-0
9/6/20193.52.1
5/9/20193.51.75
9/27/201831.42
5/10/201731.21
5/9/201631.38
3/11/201631.82
7/22/201521.25
8/7/20141.21.18
5/23/20141.21.31
9/10/20131.21.71
9/6/20120.91.72

Stable Dividend: 502986's dividend payments have been volatile in the past 10 years.

Growing Dividend: 502986's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (98.8%), 502986's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (161.5%), 502986's dividend payments are not well covered by cash flows.


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