Symphony Dividends and Buybacks
Dividend criteria checks 4/6
Symphony is a dividend paying company with a current yield of 0.93% that is well covered by earnings. Next payment date is on 25th November, 2024 with an ex-dividend date of 7th November, 2024.
Key information
0.9%
Dividend yield
0.9%
Buyback Yield
| Total Shareholder Yield | 1.9% |
| Future Dividend Yield | 1.7% |
| Dividend Growth | 1.3% |
| Next dividend pay date | 25 Nov 24 |
| Ex dividend date | 07 Nov 24 |
| Dividend per share | ₹13.000 |
| Payout ratio | 38% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 517385's dividend payments have been volatile in the past 10 years.
Growing Dividend: 517385's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Symphony Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (517385) | 0.9% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Consumer Durables) | 0.3% |
| Analyst forecast (517385) (up to 3 years) | 1.7% |
Notable Dividend: 517385's dividend (0.93%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 517385's dividend (0.93%) is low compared to the top 25% of dividend payers in the Indian market (1.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.4%), 517385's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.9%), 517385's dividend payments are well covered by cash flows.