Relaxo Footwears Dividends and Buybacks
Dividend criteria checks 4/6
Relaxo Footwears is a dividend paying company with a current yield of 0.45% that is well covered by earnings.
Key information
0.5%
Dividend yield
-0.003%
Buyback Yield
| Total Shareholder Yield | 0.5% |
| Future Dividend Yield | 0.5% |
| Dividend Growth | 12.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹3.000 |
| Payout ratio | 37% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 530517's dividends per share have been stable in the past 10 years.
Growing Dividend: 530517's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Relaxo Footwears Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (530517) | 0.5% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Luxury) | 0.5% |
| Analyst forecast (530517) (up to 3 years) | 0.5% |
Notable Dividend: 530517's dividend (0.45%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 530517's dividend (0.45%) is low compared to the top 25% of dividend payers in the Indian market (1.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.3%), 530517's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 530517 is paying a dividend but the company has no free cash flows.