Golkunda Diamonds & Jewellery Dividend
Dividend criteria checks 4/6
Golkunda Diamonds & Jewellery is a dividend paying company with a current yield of 0.83% that is well covered by earnings. Next payment date is on 24th August, 2024 with an ex-dividend date of 18th July, 2024.
Key information
0.8%
Dividend yield
11%
Payout ratio
| Industry average yield | 0.5% |
| Next dividend pay date | 24 Aug 24 |
| Ex dividend date | 18 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | ₹13.81 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
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) | 0.8% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Luxury) | 0.5% |
| Analyst forecast in 3 Years (523676) | n/a |
Notable Dividend: 523676's dividend (0.83%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 523676's dividend (0.83%) is low compared to the top 25% of dividend payers in the Indian market (1.11%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (10.9%), 523676's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (37.8%), 523676's dividend payments are well covered by cash flows.