Kitex Garments Limited

BSE:521248 Stock Report

Market Cap: ₹42.7b

Kitex Garments Dividend

Dividend criteria checks 3/6

Kitex Garments is a dividend paying company with a current yield of 0.23% that is well covered by earnings.

Key information

0.2%

Dividend yield

-0.07%

Buyback Yield

Total Shareholder Yield0.2%
Future Dividend Yieldn/a
Dividend Growth5.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per share₹1.500
Payout ratio18%

Recent dividend updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 521248's dividends per share have been stable in the past 10 years.

Growing Dividend: 521248's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Kitex Garments Dividend Yield vs Market
How does 521248 dividend yield compare to the market?
SegmentDividend Yield
Company (521248)0.2%
Market Bottom 25% (IN)0.2%
Market Top 25% (IN)1.1%
Industry Average (Luxury)0.5%
Analyst forecast (521248) (up to 3 years)n/a

Notable Dividend: 521248's dividend (0.23%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.24%).

High Dividend: 521248's dividend (0.23%) 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 (17.7%), 521248's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 521248 is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies