Amarjothi Spinning Mills Dividend
Dividend criteria checks 6/6
Amarjothi Spinning Mills is a dividend paying company with a current yield of 1.19% that is well covered by earnings.
Key information
1.2%
Dividend yield
14%
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 | ₹13.50 |
Dividend yield forecast in 3Y | n/a |
Recent dividend 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 |
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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 in 3 Years (521097) | n/a |
Notable Dividend: 521097's dividend (1.19%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 521097's dividend (1.19%) is in the top 25% of dividend payers in the Indian market (1.18%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (14.4%), 521097's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (10.6%), 521097's dividend payments are thoroughly covered by cash flows.