Kitex Garments Dividend
Dividend criteria checks 4/6
Kitex Garments is a dividend paying company with a current yield of 0.68% that is well covered by earnings.
Key information
0.7%
Dividend yield
17%
Payout ratio
| Industry average yield | 0.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹8.47 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Kitex Garments' (NSE:KITEX) Dividend Will Be ₹1.50
Aug 08
Kitex Garments (NSE:KITEX) Will Pay A Dividend Of ₹1.50
Jul 15Recent updates
Kitex Garments (NSE:KITEX) Will Want To Turn Around Its Return Trends
Apr 04Kitex Garments Limited's (NSE:KITEX) Share Price Could Signal Some Risk
Mar 05Calculating The Fair Value Of Kitex Garments Limited (NSE:KITEX)
Feb 03Kitex Garments (NSE:KITEX) Will Want To Turn Around Its Return Trends
Dec 16Kitex Garments Limited's (NSE:KITEX) CEO Compensation Is Looking A Bit Stretched At The Moment
Sep 24Kitex Garments (NSE:KITEX) May Have Issues Allocating Its Capital
Aug 30We Ran A Stock Scan For Earnings Growth And Kitex Garments (NSE:KITEX) Passed With Ease
Dec 26Kitex Garments' (NSE:KITEX) Dividend Will Be ₹1.50
Aug 08Kitex Garments (NSE:KITEX) Will Pay A Dividend Of ₹1.50
Jul 15Kitex Garments' (NSE:KITEX) Returns On Capital Not Reflecting Well On The Business
May 30Some Investors May Be Worried About Kitex Garments' (NSE:KITEX) Returns On Capital
Feb 02Returns On Capital Signal Tricky Times Ahead For Kitex Garments (NSE:KITEX)
May 05If You Had Bought Kitex Garments' (NSE:KITEX) Shares Five Years Ago You Would Be Down 64%
Feb 28Do Insiders Own Lots Of Shares In Kitex Garments Limited (NSE:KITEX)?
Feb 09The Trends At Kitex Garments (NSE:KITEX) That You Should Know About
Jan 20A Look At The Intrinsic Value Of Kitex Garments Limited (NSE:KITEX)
Dec 30
Here's Why I Think Kitex Garments (NSE:KITEX) Might Deserve Your Attention Today
Nov 19If You Had Bought Kitex Garments' (NSE:KITEX) Shares Five Years Ago You Would Be Down 79%
Oct 29Should You Be Adding Kitex Garments (NSE:KITEX) To Your Watchlist Today?
Jul 28Kitex Garments Limited (NSE:KITEX) Might Not Be As Mispriced As It Looks
Jul 08Stability and Growth of Payments
Fetching dividends data
Stable Dividend: KITEX's dividends per share have been stable in the past 10 years.
Growing Dividend: KITEX's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Kitex Garments Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (KITEX) | 0.7% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Luxury) | 0.5% |
| Analyst forecast in 3 Years (KITEX) | n/a |
Notable Dividend: KITEX's dividend (0.68%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: KITEX's dividend (0.68%) is low compared to the top 25% of dividend payers in the Indian market (1.2%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.3%), KITEX's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: KITEX is paying a dividend but the company has no free cash flows.