Sky Industries Dividend
Dividend criteria checks 3/6
Sky Industries is a dividend paying company with a current yield of 1.12% that is well covered by earnings.
Key information
1.1%
Dividend yield
37%
Payout ratio
Industry average yield | 0.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹4.68 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 526479 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 526479's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Sky Industries Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (526479) | 1.1% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Luxury) | 0.4% |
Analyst forecast in 3 Years (526479) | n/a |
Notable Dividend: 526479's dividend (1.12%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: 526479's dividend (1.12%) is low compared to the top 25% of dividend payers in the Indian market (1.19%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.8%), 526479's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (16.5%), 526479's dividend payments are well covered by cash flows.