Zenith Fibres Dividend
Dividend criteria checks 4/6
Zenith Fibres is a dividend paying company with a current yield of 1.85% that is well covered by earnings.
Key information
1.9%
Dividend yield
64%
Payout ratio
Industry average yield | 0.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹2.34 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 514266's dividend payments have been volatile in the past 10 years.
Growing Dividend: 514266's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Zenith Fibres Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (514266) | 1.9% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Luxury) | 0.5% |
Analyst forecast in 3 Years (514266) | n/a |
Notable Dividend: 514266's dividend (1.85%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 514266's dividend (1.85%) is in the top 25% of dividend payers in the Indian market (1.18%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.5%), 514266's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55.9%), 514266's dividend payments are covered by cash flows.