Kitex Garments Dividends and Buybacks
Dividend criteria checks 3/6
Kitex Garments is a dividend paying company with a current yield of 0.24% that is well covered by earnings.
Key information
0.2%
Dividend yield
-0.07%
Buyback Yield
| Total Shareholder Yield | 0.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | 5.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹1.500 |
| Payout ratio | 18% |
Recent dividend and buyback 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (521248) | 0.2% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Luxury) | 0.5% |
| Analyst forecast (521248) (up to 3 years) | n/a |
Notable Dividend: 521248's dividend (0.24%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 521248's dividend (0.24%) is low compared to the top 25% of dividend payers in the Indian market (1.17%).
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.