Spenta International Dividend
Dividend criteria checks 3/6
Spenta International is a dividend paying company with a current yield of 0.75% that is well covered by earnings.
Key information
0.8%
Dividend yield
28%
Payout ratio
Industry average yield | 0.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹5.26 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 526161 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 526161 has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
Spenta International Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (526161) | 0.8% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Luxury) | 0.5% |
Analyst forecast in 3 Years (526161) | n/a |
Notable Dividend: 526161's dividend (0.75%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: 526161's dividend (0.75%) is low compared to the top 25% of dividend payers in the Indian market (1.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.9%), 526161's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (6.5%), 526161's dividend payments are thoroughly covered by cash flows.