Ruby Mills Dividends and Buybacks
Dividend criteria checks 4/6
Ruby Mills is a dividend paying company with a current yield of 0.73% that is well covered by earnings.
Key information
0.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 1.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹1.750 |
| Payout ratio | 13% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 503169's dividend payments have been volatile in the past 10 years.
Growing Dividend: 503169's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Ruby Mills Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (503169) | 0.7% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Luxury) | 0.5% |
| Analyst forecast (503169) (up to 3 years) | n/a |
Notable Dividend: 503169's dividend (0.73%) is higher than the bottom 25% of dividend payers in the Indian market (0.23%).
High Dividend: 503169's dividend (0.73%) is low compared to the top 25% of dividend payers in the Indian market (1.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.1%), 503169's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (25.7%), 503169's dividend payments are well covered by cash flows.