Vedant Fashions Dividend
Dividend criteria checks 3/6
Vedant Fashions is a dividend paying company with a current yield of 0.74% that is well covered by earnings. Next payment date is on 29th September, 2024 with an ex-dividend date of 23rd August, 2024.
Key information
0.7%
Dividend yield
50%
Payout ratio
| Industry average yield | 0.5% |
| Next dividend pay date | 29 Sep 24 |
| Ex dividend date | 23 Aug 24 |
| Dividend per share | ₹8.500 |
| Earnings per share | ₹15.84 |
| Dividend yield forecast in 3Y | 1.2% |
Recent dividend updates
Vedant Fashions (NSE:MANYAVAR) Is Reducing Its Dividend To ₹8.50
Aug 01
Vedant Fashions' (NSE:MANYAVAR) Dividend Will Be Increased To ₹9.00
Aug 12Vedant Fashions' (NSE:MANYAVAR) Upcoming Dividend Will Be Larger Than Last Year's
Jul 29Recent updates
Vedant Fashions (NSE:MANYAVAR) Is Reducing Its Dividend To ₹8.50
Aug 01Some Confidence Is Lacking In Vedant Fashions Limited's (NSE:MANYAVAR) P/E
Jul 12Capital Investment Trends At Vedant Fashions (NSE:MANYAVAR) Look Strong
Jun 07Analysts Are Updating Their Vedant Fashions Limited (NSE:MANYAVAR) Estimates After Its Full-Year Results
May 03Getting In Cheap On Vedant Fashions Limited (NSE:MANYAVAR) Is Unlikely
Mar 21Vedant Fashions (NSE:MANYAVAR) Is Aiming To Keep Up Its Impressive Returns
Feb 23Vedant Fashions (NSE:MANYAVAR) Is Aiming To Keep Up Its Impressive Returns
Nov 09Vedant Fashions' (NSE:MANYAVAR) Dividend Will Be Increased To ₹9.00
Aug 12Vedant Fashions' (NSE:MANYAVAR) Upcoming Dividend Will Be Larger Than Last Year's
Jul 29Vedant Fashions (NSE:MANYAVAR) Is Reinvesting To Multiply In Value
Jul 13Do Vedant Fashions' (NSE:MANYAVAR) Earnings Warrant Your Attention?
Jun 22Vedant Fashions Limited's (NSE:MANYAVAR) Business Is Trailing The Market But Its Shares Aren't
May 11Shareholders Would Enjoy A Repeat Of Vedant Fashions' (NSE:MANYAVAR) Recent Growth In Returns
Mar 29Is Now The Time To Put Vedant Fashions (NSE:MANYAVAR) On Your Watchlist?
Mar 11Vedant Fashions Limited (NSE:MANYAVAR) Released Earnings Last Week And Analysts Lifted Their Price Target To ₹1,223
Aug 11We Think That There Are Issues Underlying Vedant Fashions' (NSE:MANYAVAR) Earnings
May 17Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, MANYAVAR has been paying a dividend for less than 10 years.
Growing Dividend: MANYAVAR's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Vedant Fashions Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MANYAVAR) | 0.7% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Luxury) | 0.5% |
| Analyst forecast in 3 Years (MANYAVAR) | 1.2% |
Notable Dividend: MANYAVAR's dividend (0.74%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: MANYAVAR's dividend (0.74%) is low compared to the top 25% of dividend payers in the Indian market (1.05%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.8%), MANYAVAR's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (43.1%), MANYAVAR's dividend payments are well covered by cash flows.