Golkunda Diamonds & Jewellery Dividend
Dividend criteria checks 4/6
Golkunda Diamonds & Jewellery is a dividend paying company with a current yield of 0.69% that is well covered by earnings.
Key information
0.7%
Dividend yield
9%
Payout ratio
| Industry average yield | 0.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹1.500 |
| Earnings per share | ₹17.44 |
| Future Dividend Yield | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 523676's dividend payments have been volatile in the past 10 years.
Growing Dividend: 523676's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Golkunda Diamonds & Jewellery Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (523676) | 0.7% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Luxury) | 0.5% |
| Analyst forecast (523676) (up to 3 years) | n/a |
Notable Dividend: 523676's dividend (0.69%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 523676's dividend (0.69%) 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 (8.6%), 523676's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (17.9%), 523676's dividend payments are well covered by cash flows.