Siyaram Silk Mills Dividend
Dividend criteria checks 5/6
Siyaram Silk Mills is a dividend paying company with a current yield of 2.15% that is well covered by earnings. Next payment date is on 26th August, 2024 with an ex-dividend date of 15th July, 2024.
Key information
2.1%
Dividend yield
28%
Payout ratio
| Industry average yield | 0.5% |
| Next dividend pay date | 26 Aug 24 |
| Ex dividend date | 15 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | ₹40.72 |
| Dividend yield forecast in 3Y | 2.1% |
Recent dividend updates
Recent updates
Here's Why Siyaram Silk Mills (NSE:SIYSIL) Can Manage Its Debt Responsibly
Sep 09
Is There An Opportunity With Siyaram Silk Mills Limited's (NSE:SIYSIL) 29% Undervaluation?
Jan 31Returns on Capital Paint A Bright Future For Siyaram Silk Mills (NSE:SIYSIL)
Oct 07Is Siyaram Silk Mills (NSE:SIYSIL) Using Too Much Debt?
Jul 23Is Now The Time To Put Siyaram Silk Mills (NSE:SIYSIL) On Your Watchlist?
Jun 03Robust Earnings May Not Tell The Whole Story For Siyaram Silk Mills (NSE:SIYSIL)
May 15The Trend Of High Returns At Siyaram Silk Mills (NSE:SIYSIL) Has Us Very Interested
Jan 31The Returns On Capital At Siyaram Silk Mills (NSE:SIYSIL) Don't Inspire Confidence
Oct 04Should You Think About Buying Siyaram Silk Mills Limited (NSE:SIYSIL) Now?
Aug 11Should Shareholders Reconsider Siyaram Silk Mills Limited's (NSE:SIYSIL) CEO Compensation Package?
Jul 24Does Siyaram Silk Mills (NSE:SIYSIL) Have A Healthy Balance Sheet?
Jul 09Is Siyaram Silk Mills (NSE:SIYSIL) Using Too Much Debt?
Mar 18Need To Know: Siyaram Silk Mills Limited (NSE:SIYSIL) Insiders Have Been Buying Shares
Feb 25Should You Investigate Siyaram Silk Mills Limited (NSE:SIYSIL) At ₹201?
Feb 04How Much Of Siyaram Silk Mills Limited (NSE:SIYSIL) Do Insiders Own?
Jan 06Siyaram Silk Mills (NSE:SIYSIL) Is Making Moderate Use Of Debt
Dec 11The Senior President cum Director of Siyaram Silk Mills Limited (NSE:SIYSIL), Ashok Kumar Jalan, Just Bought 3,319% More Shares
Nov 15
What Type Of Returns Would Siyaram Silk Mills'(NSE:SIYSIL) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Nov 10Do Its Financials Have Any Role To Play In Driving Siyaram Silk Mills Limited's (NSE:SIYSIL) Stock Up Recently?
Sep 04What Does Siyaram Silk Mills Limited's (NSE:SIYSIL) Share Price Indicate?
Aug 20Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SIYSIL's dividend payments have been volatile in the past 10 years.
Growing Dividend: SIYSIL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Siyaram Silk Mills Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SIYSIL) | 2.1% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Luxury) | 0.5% |
| Analyst forecast in 3 Years (SIYSIL) | 2.1% |
Notable Dividend: SIYSIL's dividend (2.15%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: SIYSIL's dividend (2.15%) is in the top 25% of dividend payers in the Indian market (1.13%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.5%), SIYSIL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (71.6%), SIYSIL's dividend payments are covered by cash flows.