Vardhman Textiles Dividend

What is Vardhman Textiles's current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


9.91%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: VTL's dividend (9.91%) is higher than the bottom 25% of dividend payers in the Indian market (0.34%).

High Dividend: VTL's dividend (9.91%) is in the top 25% of dividend payers in the Indian market (1.52%)


Stability and Growth of Payments

Stable Dividend: VTL's dividend payments have been volatile in the past 10 years.

Growing Dividend: VTL's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (93.6%), VTL's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (109.3%), VTL's dividend payments are not well covered by cash flows.


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