Axita Cotton Dividends and Buybacks
Dividend criteria checks 4/6
Axita Cotton is a dividend paying company with a current yield of 1.24% that is well covered by earnings.
Key information
1.2%
Dividend yield
-0.001%
Buyback Yield
| Total Shareholder Yield | 1.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | 116.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹0.150 |
| Payout ratio | 28% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 542285 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 542285's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Axita Cotton Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (542285) | 1.2% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Luxury) | 0.5% |
| Analyst forecast (542285) (up to 3 years) | n/a |
Notable Dividend: 542285's dividend (1.24%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 542285's dividend (1.24%) is in the top 25% of dividend payers in the Indian market (1.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.5%), 542285's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22.5%), 542285's dividend payments are well covered by cash flows.