Ambika Cotton Mills Limited

BSE:531978 Stock Report

Market Cap: ₹8.9b

Ambika Cotton Mills Dividend

Dividend criteria checks 4/6

Ambika Cotton Mills is a dividend paying company with a current yield of 2.24% that is well covered by earnings.

Key information

2.2%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth3.4%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per share₹35.000
Payout ratio32%

Recent dividend updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 531978's dividend payments have been volatile in the past 10 years.

Growing Dividend: 531978's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Ambika Cotton Mills Dividend Yield vs Market
How does 531978 dividend yield compare to the market?
SegmentDividend Yield
Company (531978)2.2%
Market Bottom 25% (IN)0.2%
Market Top 25% (IN)1.1%
Industry Average (Luxury)0.5%
Analyst forecast (531978) (up to 3 years)n/a

Notable Dividend: 531978's dividend (2.24%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).

High Dividend: 531978's dividend (2.24%) is in the top 25% of dividend payers in the Indian market (1.09%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (31.8%), 531978's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 531978 is paying a dividend but the company has no free cash flows.


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