Arihant Academy Dividends and Buybacks
Dividend criteria checks 3/6
Arihant Academy is a dividend paying company with a current yield of 0.5% that is well covered by earnings.
Key information
0.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹1.000 |
| Payout ratio | 22% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether ARIHANTACA's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if ARIHANTACA's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Arihant Academy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ARIHANTACA) | 0.5% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Consumer Services) | 1.3% |
| Analyst forecast (ARIHANTACA) (up to 3 years) | n/a |
Notable Dividend: ARIHANTACA's dividend (0.5%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: ARIHANTACA's dividend (0.5%) is low compared to the top 25% of dividend payers in the Indian market (1.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.7%), ARIHANTACA's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.2%), ARIHANTACA's dividend payments are thoroughly covered by cash flows.