Sanrhea Technical Textiles Dividend
Dividend criteria checks 3/6
Sanrhea Technical Textiles is a dividend paying company with a current yield of 0.91% that is well covered by earnings.
Key information
0.9%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹1.500 |
| Payout ratio | 14% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 514280 has been paying a dividend for less than 10 years.
Growing Dividend: 514280's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Sanrhea Technical Textiles Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (514280) | 0.9% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Luxury) | 0.5% |
| Analyst forecast (514280) (up to 3 years) | n/a |
Notable Dividend: 514280's dividend (0.91%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 514280's dividend (0.91%) is low compared to the top 25% of dividend payers in the Indian market (1.09%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (14.4%), 514280's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (82.5%), 514280's dividend payments are covered by cash flows.