Suryaamba Spinning Mills Dividend
Dividend criteria checks 3/6
Suryaamba Spinning Mills is a dividend paying company with a current yield of 0.65% that is well covered by earnings.
Key information
0.7%
Dividend yield
13%
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 | ₹5.37 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 533101's dividend payments have been volatile in the past 10 years.
Growing Dividend: 533101's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
Suryaamba Spinning Mills Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (533101) | 0.7% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.3% |
Industry Average (Luxury) | 0.4% |
Analyst forecast in 3 Years (533101) | n/a |
Notable Dividend: 533101's dividend (0.65%) is higher than the bottom 25% of dividend payers in the Indian market (0.29%).
High Dividend: 533101's dividend (0.65%) is low compared to the top 25% of dividend payers in the Indian market (1.28%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.8%), 533101's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (2.7%), 533101's dividend payments are thoroughly covered by cash flows.