Blue Chip Tex Industries Dividend
Dividend criteria checks 3/6
Blue Chip Tex Industries is a dividend paying company with a current yield of 0.64% that is well covered by earnings.
Key information
0.6%
Dividend yield
38%
Payout ratio
Industry average yield | 0.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | ₹1.000 |
Earnings per share | -₹1.07 |
Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 506981's dividend payments have been volatile in the past 10 years.
Growing Dividend: 506981's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Blue Chip Tex Industries Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (506981) | 0.6% |
Market Bottom 25% (IN) | 0.2% |
Market Top 25% (IN) | 1.0% |
Industry Average (Luxury) | 0.4% |
Analyst forecast (506981) (up to 3 years) | n/a |
Notable Dividend: 506981's dividend (0.64%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 506981's dividend (0.64%) is low compared to the top 25% of dividend payers in the Indian market (1.03%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.6%), 506981's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (5.5%), 506981's dividend payments are thoroughly covered by cash flows.