Monte Carlo Fashions Dividends and Buybacks
Dividend criteria checks 3/6
Monte Carlo Fashions is a dividend paying company with a current yield of 2.38% that is well covered by earnings.
Key information
2.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 2.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹20.000 |
| Payout ratio | 69% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 538836 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 538836's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Monte Carlo Fashions Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (538836) | 2.4% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Luxury) | 0.5% |
| Analyst forecast (538836) (up to 3 years) | n/a |
Notable Dividend: 538836's dividend (2.38%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 538836's dividend (2.38%) is in the top 25% of dividend payers in the Indian market (1.12%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69.2%), 538836's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (297.9%), 538836's dividend payments are not well covered by cash flows.