Safari Industries (India) Dividends and Buybacks
Dividend criteria checks 2/6
Safari Industries (India) is a dividend paying company with a current yield of 0.12% that is well covered by earnings. Next payment date is on 6th December, 2024 with an ex-dividend date of 19th November, 2024.
Key information
0.1%
Dividend yield
-1.9%
Buyback Yield
| Total Shareholder Yield | -1.8% |
| Future Dividend Yield | 0.1% |
| Dividend Growth | 7.1% |
| Next dividend pay date | 06 Dec 24 |
| Ex dividend date | 19 Nov 24 |
| Dividend per share | ₹3.000 |
| Payout ratio | 9% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 523025's dividend payments have been volatile in the past 10 years.
Growing Dividend: 523025's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Safari Industries (India) Dividend Yield vs 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 (523025) (up to 3 years) | 0.1% |
Notable Dividend: 523025's dividend (0.12%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 523025's dividend (0.12%) is low compared to the top 25% of dividend payers in the Indian market (1.14%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.1%), 523025's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 523025 is paying a dividend but the company has no free cash flows.