Libas Consumer Products Dividend
What is Libas Consumer Products's current dividend yield, its reliability and sustainability?
Dividend Score
1/6Dividend Score 1/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
0.47%
Current Dividend Yield
Dividend Yield vs Market
| Libas Consumer Products Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LIBAS) | 0.5% |
| Market Bottom 25% (IN) | 0.4% |
| Market Top 25% (IN) | 1.6% |
| Industry Average (Luxury) | 0.7% |
| Analyst forecast in 3 Years (LIBAS) | n/a |
Notable Dividend: LIBAS's dividend (0.47%) is higher than the bottom 25% of dividend payers in the Indian market (0.36%).
High Dividend: LIBAS's dividend (0.47%) is low compared to the top 25% of dividend payers in the Indian market (1.55%).
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 1/25/2023 | 0.083 | 0.47 |
| 8/17/2021 | 0.083 | 0.31 |
| 9/4/2020 | 0.14 | 0.46 |
| 8/5/2020 | 0.14 | 0.51 |
Stable Dividend: LIBAS has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: LIBAS has only been paying a dividend for 2 years, and since then payments have fallen.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: LIBAS is paying a dividend but the company has no free cash flows.