Suryaamba Spinning Mills Dividends and Buybacks
Dividend criteria checks 2/6
Suryaamba Spinning Mills is a dividend paying company with a current yield of 0.65%.
Key information
0.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -14.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹1.000 |
| Payout ratio | 207% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 533101 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 533101 has only been paying a dividend for 9 years, and since then payments have not increased.
Dividend Yield vs Market
| Suryaamba Spinning Mills Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (533101) | 0.6% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Luxury) | 0.5% |
| Analyst forecast (533101) (up to 3 years) | n/a |
Notable Dividend: 533101's dividend (0.65%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 533101's dividend (0.65%) is low compared to the top 25% of dividend payers in the Indian market (1.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (206.8%), 533101's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (2.5%), 533101's dividend payments are thoroughly covered by cash flows.