Kalyan Jewellers India is a dividend paying company with a current yield of 0.21% that is well covered by earnings. Next payment date is on 16th September, 2024 with an ex-dividend date of 9th August, 2024.
Key information
0.2%
Dividend yield
21%
Payout ratio
Industry average yield
0.5%
Next dividend pay date
16 Sep 24
Ex dividend date
09 Aug 24
Dividend per share
₹1.200
Earnings per share
₹5.80
Dividend yield forecast in 3Y
0.6%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 543278's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 543278's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Kalyan Jewellers India Dividend Yield vs Market
How does 543278 dividend yield compare to the market?
Segment
Dividend Yield
Company (543278)
0.2%
Market Bottom 25% (IN)
0.3%
Market Top 25% (IN)
1.1%
Industry Average (Luxury)
0.5%
Analyst forecast in 3 Years (543278)
0.6%
Notable Dividend: 543278's dividend (0.21%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 543278's dividend (0.21%) is low compared to the top 25% of dividend payers in the Indian market (1.09%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.7%), 543278's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13%), 543278's dividend payments are thoroughly covered by cash flows.