Arihant Academy Limited

NSEI:ARIHANTACA Stock Report

Market Cap: ₹750.8m

Arihant Academy Dividend

Dividend criteria checks 3/6

Arihant Academy is a dividend paying company with a current yield of 0.82% that is well covered by earnings.

Key information

0.8%

Dividend yield

39%

Payout ratio

Industry average yield1.3%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per share₹2.56
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent 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
How does ARIHANTACA dividend yield compare to the market?
SegmentDividend Yield
Company (ARIHANTACA)0.8%
Market Bottom 25% (IN)0.3%
Market Top 25% (IN)1.1%
Industry Average (Consumer Services)1.3%
Analyst forecast in 3 Years (ARIHANTACA)n/a

Notable Dividend: ARIHANTACA's dividend (0.82%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).

High Dividend: ARIHANTACA's dividend (0.82%) is low compared to the top 25% of dividend payers in the Indian market (1.1%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (39.1%), ARIHANTACA's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (18.5%), ARIHANTACA's dividend payments are well covered by cash flows.


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