Amarjothi Spinning Mills Dividends and Buybacks
Dividend criteria checks 6/6
Amarjothi Spinning Mills is a dividend paying company with a current yield of 1.18% that is well covered by earnings.
Key information
1.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -5.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹2.200 |
| Payout ratio | 18% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 521097's dividends per share have been stable in the past 10 years.
Growing Dividend: 521097's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Amarjothi Spinning Mills Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (521097) | 1.2% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Luxury) | 0.5% |
| Analyst forecast (521097) (up to 3 years) | n/a |
Notable Dividend: 521097's dividend (1.18%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 521097's dividend (1.18%) is in the top 25% of dividend payers in the Indian market (1.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.2%), 521097's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (7.6%), 521097's dividend payments are thoroughly covered by cash flows.