Sportking India Dividend
Dividend criteria checks 2/6
Sportking India is a dividend paying company with a current yield of 0.44% that is well covered by earnings.
Key information
0.4%
Dividend yield
9%
Payout ratio
| Industry average yield | 0.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹0.500 |
| Earnings per share | ₹6.61 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 539221's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 539221's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Sportking India Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (539221) | 0.4% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.0% |
| Industry Average (Luxury) | 0.4% |
| Analyst forecast (539221) (up to 3 years) | n/a |
Notable Dividend: 539221's dividend (0.44%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 539221's dividend (0.44%) is low compared to the top 25% of dividend payers in the Indian market (1.03%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.1%), 539221's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 539221 is paying a dividend but the company has no free cash flows.