Safari Industries (India) is a dividend paying company with a current yield of 0.15% that is well covered by earnings. Next payment date is on 30th August, 2024 with an ex-dividend date of 12th July, 2024.
Key information
0.1%
Dividend yield
7%
Payout ratio
Industry average yield
0.5%
Next dividend pay date
30 Aug 24
Ex dividend date
12 Jul 24
Dividend per share
n/a
Earnings per share
₹36.05
Dividend yield forecast in 3Y
0.2%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 523025 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 523025's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Safari Industries (India) Dividend Yield vs Market
How does 523025 dividend yield compare to the market?
Segment
Dividend Yield
Company (523025)
0.1%
Market Bottom 25% (IN)
0.3%
Market Top 25% (IN)
1.1%
Industry Average (Luxury)
0.5%
Analyst forecast in 3 Years (523025)
0.2%
Notable Dividend: 523025's dividend (0.15%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: 523025's dividend (0.15%) is low compared to the top 25% of dividend payers in the Indian market (1.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (7.5%), 523025's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.8%), 523025's dividend payments are thoroughly covered by cash flows.