Nitin Spinners Dividend
Dividend criteria checks 3/6
Nitin Spinners is a dividend paying company with a current yield of 0.67% that is well covered by earnings.
Key information
0.7%
Dividend yield
9%
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 | ₹23.28 |
| Dividend yield forecast in 3Y | 1.7% |
Recent dividend updates
Nitin Spinners (NSE:NITINSPIN) Is Paying Out A Dividend Of ₹2.50
Sep 10
Nitin Spinners (NSE:NITINSPIN) Has Affirmed Its Dividend Of ₹2.50
Aug 27Recent updates
Cautious Investors Not Rewarding Nitin Spinners Limited's (NSE:NITINSPIN) Performance Completely
Apr 08Nitin Spinners' (NSE:NITINSPIN) Returns On Capital Not Reflecting Well On The Business
Mar 21This Is The Reason Why We Think Nitin Spinners Limited's (NSE:NITINSPIN) CEO Might Be Underpaid
Sep 12Nitin Spinners (NSE:NITINSPIN) Is Paying Out A Dividend Of ₹2.50
Sep 10Nitin Spinners (NSE:NITINSPIN) Has Affirmed Its Dividend Of ₹2.50
Aug 27Nitin Spinners (NSE:NITINSPIN) Is Reinvesting At Lower Rates Of Return
Aug 23Calculating The Fair Value Of Nitin Spinners Limited (NSE:NITINSPIN)
Jan 15If EPS Growth Is Important To You, Nitin Spinners (NSE:NITINSPIN) Presents An Opportunity
Nov 30Nitin Spinners (NSE:NITINSPIN) Is Increasing Its Dividend To ₹2.50
Aug 25We Think Nitin Spinners (NSE:NITINSPIN) Can Stay On Top Of Its Debt
Jun 14Should You Be Adding Nitin Spinners (NSE:NITINSPIN) To Your Watchlist Today?
May 26I Ran A Stock Scan For Earnings Growth And Nitin Spinners (NSE:NITINSPIN) Passed With Ease
Dec 28Nitin Spinners (NSE:NITINSPIN) Has A Somewhat Strained Balance Sheet
Sep 21Nitin Spinners (NSE:NITINSPIN) Has A Somewhat Strained Balance Sheet
May 28Here's What's Concerning About Nitin Spinners' (NSE:NITINSPIN) Returns On Capital
May 07Should You Buy Nitin Spinners Limited (NSE:NITINSPIN) For Its Dividend?
Mar 08Nitin Spinners (NSE:NITINSPIN) Use Of Debt Could Be Considered Risky
Feb 18What Nitin Spinners Limited's (NSE:NITINSPIN) ROE Can Tell Us
Feb 03Our View On Nitin Spinners' (NSE:NITINSPIN) CEO Pay
Jan 19Is Nitin Spinners (NSE:NITINSPIN) Likely To Turn Things Around?
Jan 04Investors Who Bought Nitin Spinners (NSE:NITINSPIN) Shares A Year Ago Are Now Up 56%
Dec 17
Zooming in on NSE:NITINSPIN's 1.0% Dividend Yield
Nov 29Nitin Spinners (NSE:NITINSPIN) Use Of Debt Could Be Considered Risky
Nov 08How Much Did Nitin Spinners' (NSE:NITINSPIN) CEO Pocket Last Year?
Oct 06Is Nitin Spinners (NSE:NITINSPIN) Likely To Turn Things Around?
Sep 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NITINSPIN's dividend payments have been volatile in the past 10 years.
Growing Dividend: NITINSPIN's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Nitin Spinners Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NITINSPIN) | 0.7% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Luxury) | 0.5% |
| Analyst forecast in 3 Years (NITINSPIN) | 1.7% |
Notable Dividend: NITINSPIN's dividend (0.67%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: NITINSPIN's dividend (0.67%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (8.5%), NITINSPIN's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: NITINSPIN is paying a dividend but the company has no free cash flows.